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Showing posts with the label Strait of Hormuz

A BIG DEAL ABOUT THE WAR WITH IRAN

Well, the big deal today is that Iran and the USA agreed to talk about ending the now 108-day long war, and open up the Strait of Hormuz. There will be a signing of this document in Geneva, Switzerland on Friday, on Day 112. Note that this agreement is not quite to end the war.  Only another 60-day ceasefire to negotiate ending the war. But neither President Donald Trump, nor Supreme Leader Mojtaba Khamenei, nor President Masoud Pezeshkian will participate.  Israel is not part of this signing, so no President Benjamin Netanyahu either. The key signers will be Veep JD Vance and Iran's Deputy Foreign Minister Kazem Gharibabadi. And, incidentally, SL Khamenei remains in hiding, and has not made even one public appearance since succeeding his father.  Why?  Pretty obvious that Israel will try to assassinate him, too. This is not a peace agreement.  Only a 60-day ceasefire. What about that nuclear matter?  Up for discussion. Around $25 billion of blocked Iran as...

ENERGY MATTERS

It's Wednesday, sci-tech day, so I'll this week draw from the American Energy Society information they send me.  No big surprise that petroleum companies are getting richer because of the Iran War. But first a post-mortem of Ken Paxton's victory over John Cornyn in the Texas Republican primary.   I thought Paxton would win by 10%.  Turns out that the margin was 28 percentage point s, mostly because of President Donald Trump's endorsement. Time magazine had a particularly convictive article, starting with:   For more than a year, Republicans beseeched President Donald Trump’s advisers in the White House with a simple ask: if he couldn’t find his way to endorsing Sen. John Cornyn , could he at least keep his mouth shut?   Further: The point is that Cornyn would have beaten current Democratic Texas state representative James Talarico, who is 37 years old.  At minimal cost. Now, the speculation is that the national Republican Party will need to...