Iran has been in the news a lot lately, trying to “not” have violence spread into a larger Middle Eastern conflict, while spreading violence in the region into a larger Middle Eastern conflict…or at least it sure seems like it from the outside looking in.
Azerbaijan promised a response after it said Iran’s regional attacks had spread to its territory, and Saudi Arabia said it intercepted missiles and drones.
The scope of “Operation Epic Fury,” which U.S. Central Command’s Adm. Brad Cooper says has hit more than 2,000 targets so far, is forcing U.S. military commanders to make difficult calculations about how quickly their Iranian adversaries will burn through their own munitions — even as President Donald Trump says the war may last four to five weeks.
Top Pentagon leaders dedicated considerable time at a news briefing Wednesday morning to addressing worries the military is reaching too deeply into its inventory at the cost of readiness. “We have sufficient precision munitions for the task at hand, both on the offense and defense,” said Gen. Dan Caine, chairman of the Joint Chiefs of Staff, without offering specifics or numbers.
The U.S. campaign in Iran has already expended hundreds of high-cost air defense missiles and thousands of other munitions just days into the conflict.
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Countries around the world are now scrambling to figure out how to backfill the abrupt halt of LNG shipments from Qatar, which accounts for one-fifth of the world’s supply. Asian spot LNG prices surged nearly 40 percent in the couple of days and a key index of future LNG prices in Europe jumped 70 percent since Friday.
(LNG is also a crucial component in fertilizer….& it’s Spring planting season for the northern hemisphere)
Liquified natural gas from Qatar was a safe energy bet for countries across Europe and Asia. Now they face an energy crisis.
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