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This article was originally published by Michael Snyder at The Economic Collapse Blog.  After this week is over, there may be no turning back. President Trump is literally threatening to “obliterate” Iran’s power grid, and the Iranians cannot do a thing to prevent that from happening. But in response, the Iranians are threatening to destroy oil and gas infrastructure all over the Persian Gulf. The Iranians have already destroyed 17 percent of Qatar’s Ras Laffan natural gas complex, and if they destroy the remaining 83 percent of that facility, it will immediately plunge us into the greatest natural gas crisis…

A few months ago, I decided to try buying a nonstick pan to make eggs. I thought I’d give it a try for convenience. I chose a well-rated, mid-priced pan. Today, after using it for a few months, I noticed pits on the surface, even though I had been careful to use only safe utensils while cooking in the pan. Having scratches and pits means the pan is already unsafe to use, as the coating can spread unwanted chemicals into your food.  I ended up throwing away the pan and have decided to go back to my trusty cast-iron skillet.…

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PARIS — U.S. President Donald Trump on Friday called NATO allies “cowards” for their unwillingness to help secure maritime traffic in the Strait of Hormuz, which he said would be a “simple military maneuver” with little risk.Analysts studying military matters and geopolitics disagree.While countries including the U.K. and France have said they’re ready to “contribute to appropriate efforts” to ensure safe passage through the Strait, those plans remain in the preparatory stage for now. Western navies operating in the narrow waterway would be well within range of Iranian missiles, cheap drones and even artillery, defense analysts say.“No, it isn’t easy,”…

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Less than 48 hours before the U.S.-Israeli strike on Iran began, Prime Minister Benjamin Netanyahu spoke by phone to President Donald Trump about the reasons for launching the kind of complex, far-off war the American leader once had campaigned against. Both Trump and Netanyahu knew from intelligence briefings earlier in the week that Iranian Supreme Leader Ayatollah Ali Khamenei and his key lieutenants would soon meet at his compound in Tehran, making them vulnerable to a “decapitation strike” – an attack against a country’s top leaders often used by Israelis but traditionally less so by the United States. But new…

U.S. Navy counter-mine ships that replaced minesweepers last year in Bahrain have yet to demonstrate their reliability and effectiveness in the face of potential naval mine warfare, according to the Defense Department’s testing office and military experts.The Pentagon was unable to determine the operational effectiveness or suitability of Independence-class littoral combat ships equipped with the mine countermeasures mission package due to insufficient data on its mine-hunting and mine-destroying technology, according to the Office of the Director, Operational Test & Evaluation’s fiscal 2025 annual report.Several retired U.S. Navy captains who deployed on minesweepers and defense analysts also told Military Times that…

Sign up for the Outdoor Life Newsletter Get the hottest outdoor news—plus a free month of onX Hunt Elite. The Saskatchewan government is changing how hunting licenses are allocated by limiting the number of days that non-residents can hunt waterfowl in the province. According to a recent announcement from the Ministry of Environment, non-resident hunters will no longer be able to purchase a year-round game bird hunting license. They will instead be limited to two five-day bird hunting licenses in the fall and one five-day license in the spring. These restrictions will affect all non-Canadian hunters, and they could go…

This article was originally published by Tyler Durden at ZeroHedge under the title: Oil Plunges, Stocks Spike As Trump “Postpones” Military Strikes On Iran After “Productive” Talks; But Move Reverses After Tehran Denies Contact Summary Trump announces “productive” talks with Iran, “postpones” military strikes for 5 days IRGC-linked media deny contact Trad Govt-linked media yet to issue comment Market response: oil down, yields down, stocks up (but all off their kneejerk extremes) *  *  * Denials Begin It did not take long for the denials to emerge. Iran’s semi-official Fars news agency (which is the propaganda arm of the IRGC, so take it…

The world’s largest aircraft carrier arrived in Greece for maintenance after surviving an onboard fire nearly two weeks earlier, according to a Navy release.The USS Gerald R. Ford arrived at Naval Support Activity Souda Bay on Monday after operating in the Red Sea in support of Operation Epic Fury.“The port call allows for the ship to undergo efficient assessment, repairs, and resupply,” the release said. “Gerald R. Ford Carrier Strike Group continues its overseas deployment.”The aircraft carrier remains fully mission capable, the release said.A non-combat fire broke out in the main laundry room of the carrier on March 12, injuring…

Sign up for the Outdoor Life Newsletter Get the hottest outdoor news—plus a free month of onX Hunt Elite. Most turkey hunters know that scouting is important, but many hunters (even experienced ones) don’t really know how to scout for turkeys. Sure, most folks can find turkey tracks, spot longbeards strutting in a field, and hear gobbles from a distant ridge, but the key to effective turkey scouting is to use this intel to develop a plan that helps you go out and kill a turkey—not just figure out where they live. I’ve been lucky enough to be able to…

Gasoline prices are quickly approaching the “politically sensitive” $4 per gallon mark. Analysts claim that at this price, consumers make the conscious decision to drive less. This month’s surge in retail fuel prices (gasoline and diesel) marks the largest increase on record, with gasoline only 4 cents below the precarious $4 line. Iranian Official Warns of $200 Oil Prices Amid Escalating Strait of Hormuz Tensions Prices of fuel are delivering a nasty shock to the pocketbooks of cash-strapped consumers, who are already being pummeled by ridiculous housing costs and inflation of grocery prices. Affordability Crisis Worsens As 2026 Approaches Bonnie…

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Editor’s note: This article is republished from The Conversation under a Creative Commons license. Read the original article.The global price of oil continues to skyrocket as Iran’s missiles and drones hit vital infrastructure in Arab Gulf states. Billion-dollar American radar systems have also been targeted and destroyed across the Middle East by Iran, seemingly degrading U.S. defenses.U.S. military presence near Iran includes dozens of locations and tens of thousands of troops in harm’s way. This raises the question: If a missile is launched from Iran toward a U.S. military base in the region, how do service members know in time…