I was intending to ignore Tony Blair with his fantastic hypocrisy at calling the Labour Party self-deluded. That would be Tony “Saddam has weapons of mass destruction that can be set-off in 45 minutes, they’re here somewhere, I just know that it’s true, I can feel it in my water despite being warned by my own security services that they don’t exist” Blair. He’s been divorced from reality for decades. Him and Alastair Campbell and many others are war criminals who should rightly be rotting in a shitty prison. Why are they not is the proper question rather than any of his deluded Fascist BS. We should align closer with an obviously insane and demented Fascist president? FO Tonee, you’re a total assole, nobody should take you or anything you say seriously.
Global oil inventories are rapidly approaching “minimum operational levels,” with Asia already facing acute shortages.
Analysts warn record inventory drawdowns, collapsing Hormuz exports, and rising summer fuel demand are tightening markets far faster than expected.
Energy experts caution that prolonged underinvestment in new oil supply and continued disruptions in the Strait of Hormuz could trigger sustained high prices.
…
Carlyle’s Currie had an even grimmer message for the U.S. government. “Every day that goes by, Iran’s negotiating leverage compounds. Why? Because inventories of oil … continue to drop,” he said, as quoted by CNBC. “The minute you think you won, that’s exactly when you know you probably lost, and their negotiating position at this point has never been stronger in the last 47 years.”
Some analysts are warning that once the full extent of the supply shortage becomes felt, prices will rise and stay high, likely for years. The reason, in addition to the immediate crunch of Middle Eastern supply, is a prolonged period of underinvestment in new supply from other parts of the world—something that OPEC+ has been warning about for at least three years now, to no avail. With estimates that it would take at least a month before Hormuz reopens, even with a peace deal in place, the prospect of an oil shortage in Europe has become all but a certainty, and the U.S. will likely see higher gas prices.
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A view shows an anti-Israel billboard with an hourglass image and Persian and Hebrew text reading “Israel will not see the next 15 years” at Palestine Square in Tehran, Iran, on May 29, 2026. [Fatemeh Bahrami – Anadolu Agency]
Iranian state television, citing a local official, reported that a US aircraft had been destroyed in Iran’s Jam governorate in Bushehr, although there has been no confirmation from the United States.
Iran’s semi-official Fars news agency reported on Thursday that the Iranian armed forces had launched missiles from southern parts of the country towards specified targets.
The agency said “the Iranian armed forces launched missiles minutes ago from the south of the country towards certain targets”, adding that the exact targets remained unclear, while some sources suggested there may have been clashes in Gulf waters.
It added that reports circulating about explosions being heard in the Gulf coastal provinces of Bushehr and Hormozgan had not yet been confirmed.
Separately, the Iranian Army’s Air Defence Monitoring Centre denied reports of explosions in the city of Bandar Abbas.
The centre said: “So far, no explosions have occurred in Bandar Abbas.”
It added that the sounds came from the sea, explaining that warning shots had been fired at vessels attempting to pass through the Strait of Hormuz without coordinating with the Iranian navy.
Earlier on Thursday, clashes were reported between Iran and the United States near the Strait of Hormuz.
Donald Trump sings and dances, says that it’s fun to kill everyone … unless he gets distracted or falls asleep.Orcas discuss rotting brain. Front Orca says “Wish someone would lock him up”.
HOUSEHOLDS must not bear the brunt of US President Donald Trump’s illegal war, campaigners warned today, as energy bills are set to rise by 13 per cent.
Ofgem’s new price cap from July 1 will see the typical household face an annual energy cost of £1,862 — up £221 on current levels, or £18 a month.
The regulator said higher wholesale gas prices, “driven by ongoing conflict in the Middle East,” were behind the increase.
Energy costs have soared since the US and Israel began their war on Iran and the subsequent blocking of the Strait of Hormuz.
Calls have mounted for the government to set out action to support the most vulnerable with bills, but Chancellor Rachel Reeves has refused any immediate energy measures in her cost-of-living plan.
TUC general secretary Paul Nowak said the government must “go further and faster to protect households from punishing energy price rises in the coming months.”
“Households must not bear the brunt of costs from Trump’s illegal war,” he said.
“Painful energy price rises are coming down the track — and working people are already feeling the pinch with fuel costs rising because of Trumpflation.
…
Eva Watkinson of Debt Justice called it a “scandal” that the cap was rising while energy companies continued to post enormous profits, saying the government must “immediately act to write off debts that have built up during the cost-of-living crisis.”
Green MP Hannah Spencer demanded immediate government intervention, telling Ms Reeves to freeze the cap before bills go up.
“And if she’s wondering how to pay for it, there are some people doing very well out of this crisis,” she said.
“The government should start by taxing 100 per cent of the huge windfall profits oil and gas giants have made since the start of the illegal war on Iran.”
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Smoke rises after an Iranian drone attack struck fuel tanks at Kuwait International Airport in Kuwait City, Kuwait on April 01, 2026. [Stringer – Anadolu Agency]
Iran’s Islamic Revolutionary Guard Corps (IRGC) said early Thursday that it targeted a US airbase in Kuwait in response to an American aerial strike near Bandar Abbas Airport in southern Iran, Anadolu reports.
According to Iran’s semi-official Tasnim News Agency, the IRGC said the retaliatory strike came at 4.50 am (0120GMT), hours after what it described as a US assault on a point near the port city’s airport using aerial projectiles.
“This response is a serious warning so that the enemy knows that aggression will not go unanswered, and if repeated, our response will be more decisive,” it said.
Later, the US Central Command (CENTCOM) said Thursday through US social media company X that Iran launched “a ballistic missile toward Kuwait” at 10.17 pm ET (0217GMT) on Wednesday, and that the missile was “successfully intercepted by Kuwaiti forces.”
CENTCOM described the launch as an “egregious ceasefire violation by the Iranian regime.”
It also said Iranian forces earlier launched “five one-way attack drones that posed a clear threat in and near the Strait of Hormuz,” adding that all were intercepted by US forces.
The command further said US forces “prevented a sixth drone launch from an Iranian ground control site in Bandar Abbas.”
Earlier in the day, a US official told Anadolu that US forces shot down four Iranian drones that posed a threat near the Strait of Hormuz and struck an Iranian ground control station in Bandar Abbas that was preparing to launch a fifth drone.
“These actions were measured, purely defensive, and intended to maintain the ceasefire,” said the official, who spoke on condition of anonymity.
CENTCOM said US forces and regional partners “remain vigilant and measured” as they continue defending “forces and interests from unjustified Iranian aggression.”
The latest strikes came after CENTCOM earlier this week confirmed a previous round of strikes on southern Iran targeting missile launch sites and Iranian boats allegedly attempting to lay mines. Iran condemned those strikes as a “grave violation of the ceasefire.”
Earlier, commenting on the state of the negotiations to end the war on Iran, US President Donald Trump said he is “not satisfied with it, but we will be. Either that, or we’ll have to just finish the job.”
Regional tensions escalated on Feb. 28, when the US and Israel launched attacks on Iran, prompting Tehran to retaliate with barrages of drones and missiles that hit targets across the region and to close the Strait of Hormuz.
A ceasefire took effect on April 8 through Pakistani mediation, but talks in Islamabad failed to produce a lasting agreement.
Trump later extended the truce indefinitely while maintaining a blockade on vessels traveling to or from Iranian ports through the strategic waterway and periodically saying a peace deal was close.
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Donald Trump sings and dances, says that it’s fun to kill everyone …Orcas discuss how Trump was re-elected and him being an obviously insane, xenophobic Fascist.
Go further, faster: Paul Nowak
