FULL-BLOWN OIL SHOCK: 14.5 million barrels per day wiped out, 57% production decline across Gulf producers. US Treasury sanctions Hengli Petrochemical, China’s second-biggest refinery, cutting off 400,000 barrels per day from global financial system

#URGENT THIS IS A FULL-BLOWN OIL SHOCK 14.5 MILLION BARRELS PER DAY — WIPED OUT. GONE. The Gulf isn’t just disrupted… it’s crippled. Crude production has COLLAPSED by a staggering 57% in April, and even if the Strait of Hormuz …

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Knights Templar International: “Great news ,the BBC has been forced to let go of more than 2,000 employees (10% of total workforce) as they face SIGNIFICANT financial constraints”

🚨BREAKING: Great news ,the BBC has been forced to let go of more than 2,000 employees (10% of total workforce) as they face SIGNIFICANT financial constraints This comes after millions of Brits boycotted the far-left propaganda machine. The collapse of …

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‘Every bridge in Iran will be decimated by 12 o’clock’: Trump doubles-down on Iran deal deadline… A ‘humanitarian catastrophe’ for Tehran with millions struggling to get food and global financial Armageddon

President Donald Trump said ‘Tuesday will be power plant day’ and added that the US plans to start bombing electricity infrastructure unless Iran opens the Strait of Hormuz. Al Jazeera’s Hala Al Shami looks at the dangers of potential attacks. …

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If Gulf states begin diversifying away from dollar settlement in energy trade, it would represent a gradual structural shift in how the global oil system interfaces with US financial power

This is the end of the petrodollar The deal was that the US would provide the GCC ruling families with military support. In exchange, the ruling families promised to sell their oil in USD and recycle their vast surpluses into …

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