A seductive theory claims the US-Israel war on Iran is driven by LNG profits. It sounds convincing. It is also wrong. When examined closely, the market logic collapses, leaving behind a far messier and more dangerous reality.
Tag: South Pars
The Spoils of Oil Wars
You do not need a conspiracy theory when you have a balance sheet. The Iran war has eliminated America’s two main rivals in the global LNG market. Senator Lindsey Graham told us it was a good investment. He was not wrong.
Iwo Jima, They Said: Marines Move on Iran as Tel Aviv Burns and the Alliance Dissolves
Lindsey Graham is evoking Iwo Jima. Iran is mining Kharg Island’s shoreline. Seven thousand five hundred US Marines are days away from the Persian Gulf. The war is 26 days old, has cost $18 billion, and the White House’s official position is that they need about a month to “get Iran by the balls.” Australia is calling for de-escalation. The crease in the trousers remains arrow-straight.
Urban Wronski Writes 