“While Americans suffer from high prices and the Iran war imposes tens of billions of dollars of new costs on the American public, the oil industry wins big.”
Top officials from the previous Administration now express regret over their failure to rein in Netanyahu. Could have been written any time since spring 2024: "we in the U.S. Government do not see a clear military imperative for continued operations
If the pointless war on Iran is a historical marker equivalent to Suez in ignominy, the question becomes, what do we do with this “Decline of Empire” moment?
There is a popular view that this is a pointless war, being fought for nothing. But that is wrong—there is a purpose. Actually, there are several. You’re just never told what they are.
The war against Iran was launched against a backdrop of already ongoing energy transition. Sunlight travels 93 million miles to reach the Earth, and none of it goes through the Strait of Hormuz.
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