Tag: oil

Postponing the World’s Financial Winter – For How Long?

Iran’s MAD Standoff with the Rest of the World Michael Hudson • April 17, 2026 Announcing that “A whole civilization will die tonight,” Donald Trump threatened on April 7, 2026 to destroy “every bridge in Iran” and “every power plant … burning, exploding, and never to be used again.” His intention to continue committing war crimes is […]

Trickster in a Stranglehold

Kevin Batcho Mar 30, 2026 Capitalism’s deepest axiom is that commodities must flow, that all barriers must be overcome. Through the Strait of Hormuz pass the densest forms of energy first—crude oil in vast, slow-moving volumes, followed by refined fuels that keep engines, aircraft, and armies in motion. Then comes liquefied natural gas, supercooled and […]