Oh look, an Italian military base in the Kurdish region of Iraq has been attacked, Italian foreign minister Antonio Tajani has said.
#collapse
12.03.2026 07:39
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Oh look, an Italian military base in the Kurdish region of Iraq has been attacked, Italian foreign minister Antonio Tajani has said.
#collapse
"A major cyberattack has crippled the global networks of Stryker, one of the world’s largest medical device companies, with an Iran-linked hacking group claiming responsibility and warning it marks “the beginning of a new chapter in cyber warfare”.
Kash has his eyes on them.
👇🏽👇🏽
❗️💥 Dubai - drone attack!
4 hrs ago: Dubai Airport Hit Minutes after Address Creek Hotel was hit.
This was the 2nd time that there was a strike in Dubai Airport
The International Energy Agency announced that it would carry out its largest-ever release of oil reserves — 400 million barrels.
www.washingtonpost.com/world/2026/0...
oilprice.com/Latest-Energ...
Meanwhile, Iranian drone boats hit two oil tanker laden with 400.00 barrels of fuel at the coast of Iraq, almost twice as much as the Exxon Valdez.
Three cargo vessels have been hit by "unknown projectiles" in the Strait of Hormuz, maritime authorities say - the latest to be targeted in the vital oil corridor.
Iran has said it would "not allow even a single litre of oil" heading for the US, Israel and their partners to pass through the strait.
"The Iran War just began and oil volatility already exceeds the oil shocks of the 1970s-80s
It's at Ukraine War levels"
— Art Berman
"We've had this huge jump in fertilizer prices. With 30% of fertilizer coming through the Strait or Hormuz, we've only been in conflict for 12 days here, and our fertilizer costs have jumped 77%."
— Iowa farmer
"This isn’t just an oil shock
It’s a looming food shock."
— Art Berman
"What does the exposure of a single shipping corridor reveal about the deep energy dependencies of modern civilization? How might the second- and third-order effects of this conflict, from fertilizer to metals to food prices, reshape the global economy in ways that outlast the war itself?"
Shell and TotalEnergies Issue Force Majeure After Qatar LNG Shut Down
"The move marks the first clear sign that Qatar’s export stoppage is cascading through the global LNG trading system."
In Malaysia, Prefchem, a joint venture between Petronas & Saudi Aramco, has shut down its 300,000-barrel-per-day crude unit and plans further shutdowns of derivative units due to feedstock shortages. Sources indicate that >70% of Prefchem’s crude imports last year came through the Strait of Hormuz.
"These are the people who see the numbers 3 months before you do.
They have access to data retail investors will never see.
And they are all heading for the exits at the same time."
— @NoLimitGains
Iran will target economic & banking interests linked to the US & Israel in the region, after an attack on an Iranian bank.
A building linked to one of the Iran's largest public banks with historical links to the military was hit overnight in Tehran, according to the semi-official Mehr news agency
Iranian attacks on its neighbours in the Gulf states are threatening to broaden from energy to the banking and technology sectors, with Iran saying it will retaliate to an attack on an Iranian bank.
The image is a graph. X-Axis is the date 1st Jan 2000 until 8th March 2026. Y-Axis is the percentage of the preceding 365 days, which are above different global mean surface temperature (GMST) anomaly milestones. Example On 8th March 2026, the previous 365 days had: * 100.0% days over 1.0C * 98.4% days over 1.1C * 94.2% days over 1.2C * 80.5% days over 1.3C * 58.4% days over 1.4C * 35.1% days over 1.5C * 16.2% days over 1.6C * 4.4% days over 1.7C * 0.3% days over 1.8C * 0.0% days over 1.9C * 0.0% days over 2.0C The plot looks like a set of coloured waves, where each wave is a different GMST anomaly (0.2C, 0.3C, etc), and shows the temperatures increasing and decreasing over roughly 5 year periods, but overall they keep getting hotter over time. The Global Mean Surface Temperature Anomaly values, come from Copernicus ERA5, and use the 1850-1900 "Pre-Industrial" baseline. This graphic is an update, to the ones I posted in September 2024, February 2025, March 2025, June 2025, November 2025 How the graph was created: https://parisagreementtemperatureindex.com/warming-tapestry-percent-days-over-milestone/
Global Warming surging upwards in waves.
The last 365 days:
* 100% over 1.0C
* 35% over 1.5C
* 4% over 1.7C
The post 2024 mega-surge still hasn't bottomed out.
El Nino is rearing its head in the forecasts, hinting at higher temperatures to come?
#ClimateChange #GlobalBoiling
Nobel Peace Prize, my ass.
BREAKING: As many as 150 U.S. troops have been wounded in the war with Iran, according to sources familiar—far higher than the Pentagon’s publicly disclosed figure of just 8 seriously wounded troops. The true toll of this war is already far worse than the public has been told. (Reuters)
Trump has threatened Iran with "military consequences at a level never seen before" if naval mines are placed in the Strait of Hormuz.
It follows US media reports that Iran had placed mines in the strait or was preparing to do so.
Iran's parliamentary speaker says Iran is "not seeking a ceasefire"
The Iran War is creating an oil supply shock at a rate roughly 100× faster than the 1978–79 Iranian Revolution.
Then: ~0.03 mmb/d lost per day (≈0.04% of global supply).
Now: ~2.9 mmb/d per day (≈2.8% of global supply).
This is not a normal oil shock.
It’s a system shock.
— Art Berman
Graph of atmospheric carbon dioxide concentration since 1960, showing a very nearly parabolic rise from 315 to ~430 parts per million by volume, dry basis.
CO2 update.
No, no, no, no!
Trying to address symptoms does NOTHING to reduce emissions, and just locks in business as usual
Slash emissions now
www.theguardian.com/environment/2026/mar/10/sodium-hydroxide-ocean-global-heating-solution
1 in 3 people affected by extreme heat, given just a ~ 1.5C hotter planet
This number will explode in coming decades as huge parts of the world become effectively unliveable
This, in turn, will drive starvation, conflict and migration on an unprecedented scale
www.theguardian.com/environment/...
"There have been worse things in human history… but we weren't alive then, so it seems to us that the end of the world is upon us"
(Putin's spokesperson, Dmitry Peskov)
#collapse
Oh look, about $6 trillion of market value has now been erased from global stocks since the war in Iran began.
#collapse
"In 2008, WTI crude surged to $147 per barrel just before the global economy entered recession. Many analysts now view roughly $120 per barrel as a modern “recession trigger”—the level where energy costs begin to meaningfully erode consumer spending and economic momentum."
(oilprice.com)
#collapse
Oh look, Iran has begun laying naval mines in the strategically vital Strait of Hormuz, according to two people familiar with U.S. intelligence reporting.
#collapse
