4 articles
The US just launched unauthorized strikes on Iran while running 38.5 trillion dollars in national debt, paying more in interest than defense spending, and carrying downgrades from all three credit agencies. The bombs are real. The blank check is not.
The US intervention in Venezuela wasn't about democracy - it was about chemistry. Why Gulf Coast refineries, purpose-built for heavy sour crude, made the return of Maduro's oil an industrial necessity.
As Trump announces the U.S. will 'run' Venezuela, the technical decay of the Orinoco Belt suggests that administrative 'control' of the oil fields comes with a $20 billion reconstruction liability.
The IEA says it's happened. In 2025, the world's thirst for oil, gas, and coal stopped growing. Here is what the 'Peak' looks like.