Friends, only hours ago oil slid from $119.50 to below $91. Relief swept through the markets.
A report from Wall Street Journal hinted that advisers around Donald Trump were quietly searching for a way out of the war. Traders believed the storm might finally calm.
Then, on March 10, Iran’s Parliament Speaker Mohammad Bagher Ghalibaf shattered that fragile hope. His message was blunt:
> “We do not want a ceasefire. Aggression must be answered with force. The cycle of war, talks, ceasefire, and war again must end forever.”
And suddenly the world felt colder. ❄️
🚀 WAR ON “AUTOPILOT” – WAVE 33
Iran’s IRGC launched Wave 33 today.
Heavy Kheibar-Shikan missiles, each carrying 1-ton warheads, targeted Tel Aviv and the U.S. Fifth Fleet.
General Mousavi had already warned that future missiles would carry nothing lighter than a one-ton strike. Iran’s 31 provincial commands operate independently. Their doctrine was built to fight without waiting for ceasefires.
🚢 GLOBAL SHIPPING FREEZE
The world’s 7 largest P&I insurance clubs, covering nearly 90% of global shipping, canceled war-risk insurance on March 5. None has restored it.
Traffic through the Strait of Hormuz collapsed from 138 ships a day to just 2.
Energy giants from QatarEnergy, Saudi Aramco, and Kuwait Petroleum to manufacturers in Korea and Taiwan have declared force majeure.
The supply chain that powers Asian industry is cracking… and Ghalibaf’s words suggest it may stay broken.
🇨🇳 CHINA WATCHES. RUSSIA PROFITS.
China is not intervening openly. Instead, its surveillance systems quietly study every American move. Response speed, defense systems, missile consumption. For Beijing, this war looks like a live-fire classroom.
Russia, meanwhile, sells oil at year-high prices.
🌊 THE RED SEA RISK
If Houthi forces fully block Bab al-Mandab, both major sea gates of the Arabian Peninsula, Hormuz and Bab al-Mandab, could close at once.
That would choke global trade.
🛑 12 DAYS. A HARSH SCORECARD.
12 days of conflict.
Iran’s supreme leader killed.
33 attack waves launched.
Shipping traffic down from 138 ships to 2.
No insurance restored.
No ceasefire in sight.
Some powers expected a short war.
Iran prepared for a long one.
Today’s declaration makes the direction painfully clear.
⚠️ One question now echoes across trading desks and crypto charts alike:
Have you hedged your portfolio for a long, grinding economic war? 📊🪙🔥
$BTC #OilPrices #Geopolitics #MiddleEastCrisis #IranIsraelConflict #WarEconomics $ETH $XRP