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Trump says he has a "big decision" to make about whether to annihilate Iran. Axios says the administration is discussing a full resumption of the bombing campaign after the midterms. But the Fifth Fleet's port in Bahrain is trashed, the forward bases are unusable, the standoff munitions a…
Saudi Arabia's east-west pipeline is shut, the Strait of Hormuz is closed, and the world's oil markets are about to feel the full weight of both. Charlie asks Peter the question underneath everything: what exactly is ending? Peter's answer is bigger than American hegemony. It is the close of a 500 …
Donald Trump stood before the UN General Assembly and read a prepared text that threatened to send Iran and its future generations to hell. Charlie and Peter Erickson ask what it means when the American president talks like a Hollywood villain on the world's most respected stage. Their answer is th…
Trump had the planes loaded for a massive strike on Yemen. Then he called it off. Charlie and Peter Erickson ask what that tells us: if the US had the means to punish the Houthis for taking Saudi Arabia's pipeline offline, it would have done so. It didn't. Meanwhile diesel is spinning past $6.54 on…
Scott Bessent says the Strait of Hormuz is wide open and Iran is two weeks from its last oil shipment. Iran says it hit 19 ships in two days. Tanker trackers put flows at half of pre-war levels. Somebody is lying, and Peter is 99 percent sure who. We dig into why hard data on a narrow strait is so …
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