Thursday, March 12, 2026

Price of OIL goes over $100 dollars a barrel- Update

Sky News: Reports in its 06.46am post the following, "  Oil price surges again as Iran steps up attacks on energy-related targets  "

Let's Get Real:

The IEA has released 400 million barrels of oil, that will calm the market.  This takes time, prices should fall, the US Navy needs to convoy tankers through Strait of Hormuz, like they did during the Iraq - Iran War.  The market needs to calm down, this is not end of the World.


Message from new Iranian Supreme Leader - Update

BBC News:  Reports in its 1.26pm post the following message from the New Supreme leader,  " Iran should continue targeting Strait of Hormuz - Khamenei  "

Let's Get Real:

The written statement read on Iranian TV, thus far no images or sound from Mojtaba Khameni, the Daily Mail reports that he is in a coma and has lost a leg ( Weekend at Bernies, anyone )  This blog is calling him DOA, dead on arrival, in other words he is toast like his father.  The Regime needs an image to keep going, so why not the dead son.   The message calls for the blocking of the Strait of Hormuz and the US to leave it bases in the Middle East, the usual fake news.