US strikes Iran inside the Strait of Hormuz; MoU effectively broken. CENTCOM hit missile/drone storage and coastal radar at Sirik in retaliation for Iran's June 25 drone strike on the container ship Ever Lovely, which had sailed outside the Iran-approved corridor. Iran's IRGC says it struck US positions in response and warns the next answer is "broader”. The Pentagon reportedly held the strike announcement until after the 4pm close "to reduce market impact”. Don’t worry, Trump will declare victory and peace before the US markets open on Monday morning.
New report shows that US Gulf-base damage is so extensive the Pentagon may not rebuild — Bahrain Fifth Fleet HQ repair alone ~$400M, total regional damage put at $2–5B. See Simplicius76 on substack if you want the whole story. BTW I am counting this as good news in that the closure makes it more difficult for the US to meddle in that part of the world.
In spite of the resumption of hostilities, crude dropped below $70. For 50 years a missile near Hormuz meant a spike; this week the market shrugged.
Lebanon signs Israel framework; Beirut erupts in protest. The fine print: a phased, Israel-verified withdrawal from "pilot zones" only, with the IDF retaining freedom to strike — and nothing binding on Israel's side. Lebanon commits to disarm Hezbollah as a part of the deal. Protesters besieged the government Serail and state media reports Hezbollah supporters in the streets. Sounds like whoever is representing Lebanon does not have Lebanon’s best interests in mind.
New attrition vector: Russia is deliberately torching Ukrainian gas stations — more in June than April and May combined — to choke drone-dependent frontline units. Syrsky says Russia plans to scale FPV use from 7,000 to 33,000/day. Meanwhile diplomacy is openly dead: Lavrov admitted Anchorage only "bought time for Ukraine to rearm"; Russian hardliners are pressing Putin toward escalation, even nukes; Finland's Stubb argues the way to end it is to turn the population against the war by hitting civilian targets.
Eight days after being paraded as the face of reshoring, Apple is seeking US clearance to buy DRAM from CXMT, a firm on the Pentagon's military blacklist. The driver: a memory chip Apple paid ~$13 for last year now runs ~$51, with AI data centers swallowing ~70% of global memory output.
Washington is now gating models like munitions: OpenAI limited GPT-5.6's rollout to government-approved partners after a Trump-admin call, while Anthropic struck a deal restoring Mythos 5 to ~100 critical-infrastructure orgs. The casino is never going to give up its house advantage.
F-35’s are being delivered without radar units installed, and the condition is expected to last for years due to supply chain issues. Pentagon tries to claim units are still “operationally capable” in order to try to make their numbers look better. Meanwhile United has to send a 787-9 back to Boeing after two return flights had to be canceled and the plane ferried home empty due to “issues with the new ultra-luxury interior”. Then empire can no longer build airplanes…
AI/tech rout: Oracle's worst week in a quarter-century. Oracle -19.4%, its worst week since 2001; MSFT on pace for its worst month in decade.
Strategy (MSTR) shares have plunged more than 81% from their July 2025 high of $457.22 as the prolonged selloff in Bitcoin (BTC) has weighed heavily on the Bitcoin treasury company.
VW weighs up to 100,000 job cuts and four German plant closures as Chinese cars top 10% of the European market. EU’s delusional EV mandates have murdered the European car industry.
Sony just announced that as of September 1st, 2026 you will no longer be able to watch over 550 previously purchased movies from StudioCanal (Terminator 2, Total Recall, Basic Instinct, Paddington, The Pianist, Johnny English etc.) on the PlayStation. You’ll own nothing…
NYC Mamdani vows to defy supreme court ruling and protect Haitians and Syrians. Doing exactly what he’s paid to do…
Apparently the Pentagon did a partial reveal of some energy weapons, but skeptics say they’re only scratching the surface of THE GOYBEAM.
US Attorney’s office spikes the football on John Bolton pleading guilty. Meanwhile the Epstein posse continues to rule…
Kash Patel seen wearing a shirt with a Baphomet logo on it; elsewhere Thomas Haldenwang (lol), head of Germany’s domestic intelligence agency, is seem wearing a tie patterned with the star of David. They’re the same picture…
You’re caught up, now put the bad news behind you and spend some time with a fren today…
