Category: News
Escobar: The Long And Winding Petro-Gold Road
Escobar: The Long And Winding Petro-Gold Road
Authored by Pepe Escobar,
The 15-point plan that Team Trump presented to Iran is already D.O.A.
It’s an imposed capitulation: a surrender document disguised as “negotiation”.
The non-plan plan – imposing demands while begging for a one-month ceasefire – includes zero uranium enrichment on Iranian soil; full dismantlement of Natanz, Isfahan and Fordow installations; all enriched uranium out of Iran; the missile program extremely restricted; no funding for Hezbollah, Ansarallah and Iraqi militias; the Strait of Hormuz totally opened.
All that in exchange for a vague “cancelling the threat of reimposing sanctions”.
The only realistic Iranian response to this accumulated wishful thinking might be Mr. Khorramshahr-4 showering his business card across selected targets – consistent with leveraging economic and military deterrence to dictate the real terms.
And the real terms are harsh:
Closure of ALL US military bases in the Gulf; guarantee of no more wars; end of the war on Hezbollah; lifting of ALL sanctions; war damage reparations; a new order in the Strait of Hormuz (already in effect: collecting fees just like Egypt in Suez); missile program intact.
Conclusion: the infernal escalation machine keeps rolling.
A Member’s Club With an Entrance Fee in Petroyuan
Meanwhile, oil and gas prices are mired in a kaleidoscope of volatility, affecting currencies, equities, commodities, supply chains, inflation scares. This is already an out-of-control global economic shock with devastating consequences in progress.
Before the war, Iran was producing a little less of 1.1 million barrels of oil a day, sold at $65 a barrel with a $18 discount: thus, in practice only $47. Now, Iran has increased production to 1.5 million barrels a day, selling at $110 (and counting), mostly to China, with a maximum $4 discount.
And that does not even include petrochemical sales: on the up and up, and for an array of extra customers. To round it all up, all payments are conducted via alternative mechanisms. Which brings us to a startling fact: for all practical purposes, this is sanctions relief in effect.
Now for the Holy Grail in the war: the Strait of Hormuz. It is de facto open, but with a toll booth controlled by the IRGC.
A toll booth with a twist: veto power over the guest list. Like entering an exclusive private club.
To get the IRGC clearance, a tanker needs to pay the toll: $2 million per vessel.
This is how it works.
You contact an IRGC-linked broker. The broker relays to the IRGC the essential info: vessel ownership, national flag, cargo manifest, destination, crew list, and AIS transponder data.
The IRGC runs background checks. If you are not US-linked, not shipping any Israel-linked cargo, and your flag is not part of “aggressor states”, you’re in. Japan and South Korea, for instance, still have not been cleared.
Then you pay the toll. In cash – whatever currency you have – but preferably in yuan. Or in crypto.
It’s a complex mechanism. The IRGC uses multiple addresses; cross-chain bridges to other networks; over-the-counter desks in jurisdictions way beyond American reach; and integration with all sorts of yuan settlement channels.
After the toll is paid, the IRGC issues a VHF radio clearance – complete with a specific time window linked to a narrow 5-mile nautical corridor through Iranian territorial waters, between Qeshm and little Larak island, where the IRGC Navy can visually identify your vessel. You’re free to go. No need for an escort ship.
All of the above applies, for now, to tankers from China, India, Pakistan, Turkiye, Malaysia, Iraq, Bangladesh, Russia. Some don’t need to pay the full toll. Some get exemptions – on government-to-government basis (as in Sri Lanka and Thailand, both described as “friendly nations”). And some don’t pay anything.
So welcome to a member’s club with an entrance fee mostly in petroyuan. It took a single move from Iran to achieve what endless global summits could not: establishing an alternative settlement system – under fire, tested under supreme stress, and on top of it applied in the most consequential chokepoint on the planet.
Each toll paid in petroyuan bypasses the petrodollar, SWIFT and US sanctions – all in one go. The Iranian parliament will approve legislation institutionalizing the toll booth as “security compensation.” No one saw this coming – and so fast: legalized chokepoint monetization. Without firing a shot. This is what de-dollarization trade is really all about.
The problem is what is not transiting Hormuz: fertilizers. Over 49% of urea for export comes from the Persian Gulf. Ammonia needs natural gas; but Qatar declared Force Majeure after the Epstein Syndicate attack on South Pars and the Iranian counter-strikes. The IRGC is focused on oil because oil finances the tool booth and long term, is at the heart of the post-dollar energy settlement system, fully supported by the Russia-China strategic partnership.
So it’s no wonder the Empire of Chaos and Plunder has gone bonkers. In a flash, in three weeks, we have the petroyuan ruling over the – de facto privatized – most important naval connectivity corridor on the planet. So CENTCOM will go all out Terminator to demolish the tool booth, attempting everything from bombing IRGC installations along the coast and setting up naval escorts for allied tankers to a tsunami of sanctions on toll booth brokers.
What CENTCOM cannot bomb is the precedent of the petroyuan in effect. The whole Global South is watching and doing the math. The whole demented war is actually helping a new payment infrastructure to come to light. The war’s financial dimension is even more crucial than missile breakthroughs.
What Awaits the GCC
Qatar warned Trump 2.0, over and over again, that attacking Iran’s energy infrastructure would destroy Doha’s own energy infrastructure. That’s exactly what happened. Qatar’s energy minister al-Kaabi revealed that he warned the US Secretary of Energy, Chris Wright, as well as executives at ExxonMobil and ConocoPhillips day after day.
To no avail. Qatar ended up losing 17% of its LNG capacity: $20 billion in lost revenue, and as many as 5 years to fix it. Al-Kaabi: oil could hit $150 a barrel, and this war could “bring down the economies of the world.”
We reach absurdist territory when it’s clear that striking Iran’s South Pars generated less than zero strategic advantage. On the contrary: the counterpunch hit the Persian Gulf energy sector. Yet perversity actually rules. Who ultimately benefitted? American gas companies.
Iran is betting – and that is immensely ambitious – that the Gulf monarchies will eventually do the math. It’s as if Tehran is making it quite clear: if you learn to do business with us, we will let you continue to do your own business.
The new rules include everything from the GCC bypassing the petrodollar to getting rid of US data centers. And if the GCC wants a new security arrangement, better talk to China. All that while the GCC also has to learn how to deal with this oil shock permanently repricing the risk premium on their energy supply. Structural reset does not even begin to describe it.
As it stands, there’s only one certainty: the GCC will be instrumental in the international financial system implosion as it gets ready to pull at least $5 trillion out of the US market so they may be able to fund their survival.
The Long and Winding Petro-Gold Road
To sum it all up: after the attack on the South Pars gas field – the largest on the planet – and the toll booth in the Strait of Hormuz, it’s yuan-gold settlements, all across the spectrum, that are giving the Russia-China strategic partnership an upper hand unthinkable only a few weeks ago.
The strategic partnership is locking in no less than a new, rising global settlement mechanism, where petroyuan trades flow straight into physical gold.
As Russia sells massive volumes of oil and gas not touched by the war on its ally Iran, China as the top refiner buys Russian energy while at the same time trying to support its Southeast Asian partners outside of the US dollar.
Russia is converting yuan payments into physical gold at the Shanghai Stock Exchange. Iran is accumulating yuan payments in Hormuz – boosting yuan oil contracts that are convertible to gold. And China is building overseas gold vaults and corridors. The new Primakov triangle, RIC (Russia-Iran-China) is in control via real physical energy and gold.
So this is the major take away of the Epstein Syndicate war on Iran. Russia-China reach the Holy Grail: energy dominance and a gold-backed yuan settlement that bypasses the petrodollar to Kingdom Come.
For all practical purposes, the architecture set up by the “indispensable nation” since the 1990s is showing structural cracks for everyone to see, with global markets updating every possible model variation in real time.
It’s as if the Persians had reinterpreted Sun Tzu, Clausewitz and Kutuzov (the conqueror of Napoleon) into a whole new hybrid. And as a bonus, accomplishing in only three weeks what years’ worth of summits could not.
The petrodollar is on the way out. Alternative payment systems are up and running. And the Global South is watching in real time how the Empire of Endless Bombing can be brought to a standstill by a decentralized war of attrition engineered by a sovereign nation with one-fiftieth of the imperial defense budget.
Multipolarity won’t be born by suits reading papers in executive rooms. Multipolarity will be born in the battlefield, under fire, against all odds.
You will see why it matters so much:
“Pointed threats, they bluff with scorn
Suicide remarks are torn
From the fool’s gold mouthpiece the hollow horn
Plays wasted words, proves to warn
That he not busy being born is busy dying”
Bob Dylan
It’s Alright, Ma (I’m Only Bleeding)
* * *
Views expressed in this article are opinions of the author and do not necessarily reflect the views of ZeroHedge.
Tyler Durden
Sat, 03/28/2026 – 23:20
https://www.zerohedge.com/geopolitical/escobar-long-and-winding-petro-gold-road
Trump Ready To Take US Arms For Ukraine & Divert Them To Middle East
Trump Ready To Take US Arms For Ukraine & Divert Them To Middle East
The Iran war has been bad for Ukraine, and President Zelensky knows it. He’s frequently been warning partners not to let the global focus on the latest Middle East war distract from supporting Kiev.
But President Trump himself made fresh remarks highlighting just this situation, signaling he’s willing to reroute arms originally tied to Ukraine toward the Middle East theater against Iran, reinforcing the obvious and growing pivot in US priorities.
Reporter: Is the U.S. diverting some munitions that were meant for Ukraine to the Middle East?
Trump: We do that all the time. We have a lot of munitions. Sometimes we take from one and use for another. pic.twitter.com/yxxCB7TlLb
— Clash Report (@clashreport) March 26, 2026
Pressed on reports that shipments were being redirected on Thursday, Trump shrugged it off as standard practice: “We do that all the time. We have a lot of munitions. Sometimes we take from one and use for another.”
He added Washington is no longer directly supplying the Ukrainian government and armed forces, but is instead “selling” weapons to NATO states that then pass them along. This has for many months been the White House’s stated plan.
According to The Washington Post, officials say the Pentagon is weighing whether to divert missile interceptors initially intended for NATO purchase for Ukraine and send them to the Middle East.
While a final decision hasn’t been made, or has at least not been publicly declared, this would be reasonable given how much US bases in the region have struggled to intercept Iran’s inbound missiles and drones.
On Friday Prince Sultan airbase in Saudi Arabia was hit, wounding at least a dozen US troops, with reports of several in serious condition. Expensive US Air Force planes were also hit.
Clearly the US needs more interceptors, and yet Ukraine has for months been raising the alarm over its need for more Patriots and other air defense systems. Russia’s assault on Ukrainian cities has not waned, but has been consistent and devastating.
In early March, Zelensky stated that “We understand that a long war–if it is long–and the intensity of the military actions will affect the amount of air defense we receive.” He emphasized: “Everyone understands that, for us, this is a matter of life.“
* * *
Make sure your protein stack is dialed in… Go with peptides.
Tyler Durden
Sat, 03/28/2026 – 22:45
Israeli Forces Raise Flag Over Syrian Town In Latest Raid: ‘Provocative Act’
Israeli Forces Raise Flag Over Syrian Town In Latest Raid: ‘Provocative Act’
Authored by Jason Ditz via AntiWar.com,
Israeli military vehicles rolled into the town of Hadr in Syria’s Quneitra Governorate days ago and raised the Israeli flag over the town’s entrance. Locals say they also closed all but one road leading into or out of the town, and established a checkpoint on that road as well.
Though Israel routinely raids Quneitra’s towns and villages of late, raising the Israeli government’s flag over a town is more provocative than what usually happens in these incidents, and like most of Israel’s military forays on Syrian soil, they’ve yet to issue a statement to even attempt to explain the purpose of the operation.
Hadr is a relatively small town of about 5,000 people along the frontier between Quneitra Governorate and the UNDOF demilitarized zone, a zone which has subsequently been occupied militarily by Israel. Some suburbs of Hadr extend into the demilitarized zone.
Israel also launched operations against multiple other villages in Quneitra earlier this week, including Saida al-Golan and Saida al-Hanout. They captured two young men who were herding sheep to the west of the village.
The troops also captured two village elders in Saida al-Golan, though the elders were ultimately released without incident. The fate of the shepherds remains uncertain, and again the IDF has not commented.
As for the flag-raising incident, Syrian Observatory for Human Rights, which the mainstream media had long relied on as its main anti-Assad source throughout the prior war, detailed the following of the “provocative act”:
Al-Quneitra province: Israeli forces raised the Israeli flag at the entrance of Hadr Town in northern Al-Quneitra countryside [on Wednesday], raising local questions regarding the escalation in the area.
According to sources, these forces closed secondary roads leading to the town from the side of Al-Qanaif checkpoints, and only kept the main road leading to the town open.
This isn’t the first time the Israeli flag has been spotted in these southern towns:
SYRIA – Militia forces, affiliated with the Druze spiritual leader Hikmat al-Hijri, raised the Israeli flag in the streets of Suwayda. pic.twitter.com/nM0XyhFBV2
— DOAM (@doamuslims) November 24, 2025
A day before these operations, Israeli troops stopped a wedding convoy near the town of Mashirfa, searching the wedding goers before firing shots in the air and scaring them off. No casualties or detentions were reported in this incident.
Tyler Durden
Sat, 03/28/2026 – 22:10
6 Things To Know As Iran Conflict Hits 1-Month Mark
6 Things To Know As Iran Conflict Hits 1-Month Mark
Authored by Ryan Morgan via The Epoch Times,
A month has passed since U.S. and Israeli forces jointly launched a surprise attack on Iran, delivering the opening blow in an ongoing effort the U.S. military has dubbed Operation Epic Fury.
Iranian forces have since retaliated with attacks on targets across the region and spooked international trade.
President Donald Trump has recently raised the prospect of a peace deal, but his administration is also preparing additional military options.
Here’s where things stand after four weeks of fighting.
Iranian Military, Intelligence, and Political Leaders Killed
The opening U.S.-Israeli attacks on Iran, on Feb. 28, included decapitation strikes aimed at killing numerous senior Iranian military and political leaders.
Ayatollah Ali Khamenei, the 86-year-old Shia Islamist cleric sitting at the pinnacle of leadership in the Iranian regime, was killed in those initial strikes.
Mojtaba Khamenei, the 56-year-old son of the late ayatollah, has since replaced his father as the supreme leader of Iran. U.S. Secretary of War Pete Hegseth has said the younger Khamenei was likely disfigured in the strikes on the first day of the conflict, but the exact status of the new Iranian leader remains unclear.
A banner depicting the Iranian regime’s new leader, Mojtaba Khamenei, in Tehran, Iran, on March 11, 2026. Khoshiran/Middle East Images/AFP via Getty Images
Other senior Iranian leaders killed on the opening day of the conflict included Defense Minister Aziz Nasirzadeh and Islamic Revolutionary Guard Corps commander Mohammad Pakpour. Israel’s military reported a senior Iranian intelligence official named Saleh Asadi was also killed in the opening attacks, along with dozens of other senior Iranian military and intelligence leaders.
An Israeli strike killed Ali Larijani on March 17. Larijani was a senior security advisor to the late Khamenei and had previously served as a top international negotiator dealing with Iran’s nuclear program.
On March 26, Israeli forces killed Commodore Alireza Tangsiri, the head of the Islamic Revolutionary Guard Corps’s naval component.
Iran’s Forces Battered, Still Fighting
As of March 26, U.S. forces have reported striking more than 10,000 Iranian targets during Operation Epic Fury.
The Israeli military has reported several thousand more strikes on Iranian targets over the past month.
In addition to targeting top Iranian leaders, U.S. and Israeli forces have worked to destroy Iran’s offensive military capabilities.
A group of men inspects the ruins of a police station hit by an air strike in Tehran, Iran, on March 3, 2026. Vahid Salemi/AP
At a March 26 White House cabinet meeting, Hegseth said more than 150 Iranian vessels have been sunk. Those vessels include larger traditional warships as well as numerous smaller vessels capable of laying mines in key regional waterways, such as the Strait of Hormuz.
The joint U.S. and Israeli operations have also sought to drive down the number of Iranian missile and drone attacks.
The Pentagon has said Iran’s missile and drone attacks are down around 90 percent from their peak. Officials have declined to specify how many missiles, drones, or launchers have been destroyed.
Meanwhile, countries around the region are dealing with dozens of drone and missile attacks each day.
Ongoing efforts are also focused on destroying Iran’s military industrial capacity.
A Pentagon official said U.S. operations have “damaged or destroyed over 66% of Iranian missile, drone, and naval production facilities and shipyards.”
Conflict Awakens Iranian Proxy Network
Tehran’s regional partners and proxies have rallied to their side since the start of Operation Epic Fury.
Fighting has intensified along the Israel-Lebanon border over the last month. There, Israeli forces have renewed skirmishes with Hezbollah, a designated terrorist group long considered an ally to Iran’s Shia Islamic leadership.
Israeli forces have reported dozens of strikes and ground raids targeting Hezbollah positions. Israel’s military has also confirmed several of its troops have been killed or wounded in the fighting.
Hezbollah has also launched rocket and drone attacks against Israel.
An Israeli self-propelled howitzer artillery gun fires rounds towards southern Lebanon from a position in the upper Galilee in northern Israel near the border on March 20, 2026. Lebanon was drawn into the Middle East war on March 2 when Iran-backed Hezbollah terrorists launched rockets at Israel after the killing of the Iranian regime’s supreme leader. Jalaa Marey/AFP via Getty Images
In Iraq, U.S. forces are fighting with Iranian-aligned militia groups that exist within Iraq’s state-sponsored Popular Mobilization Forces. At a March 19 Pentagon briefing, Chairman of the Joint Chiefs of Staff Gen. Dan Caine reported U.S. airstrikes targeting these Iranian-linked groups.
Yemen’s Houthi movement, another designated terrorist group aligned with Iran, has also threatened to resume attacks on international shipping in the Red Sea, as they did in the fall of 2023 and throughout 2024.
Rising Demands on US Forces
Weeks into the Iran conflict, the Pentagon dispatched two separate amphibious ready groups to the Middle East. Each group can consist of up to 5,000 U.S. sailors and Marines, including amphibious landing forces, fighter jets, and troop transport and attack helicopters.
More recently, the Pentagon also dispatched elements of the 82nd Airborne Division to the Middle East, including the division’s 1st Brigade Combat Team.
A growing number of U.S. ground troops have been diverted to the region. Secretary of State Marco Rubio said the recent troop deployments are just to provide contingency options.
Speaking with reporters as he arrived in France on March 27 for a G7 Foreign Affairs Ministerial meeting, Rubio said the United States is ahead of schedule on its military objectives in the Iran conflict and can complete them without needing ground troops.
“We can achieve all of our objectives without ground troops, but we are always going to be prepared to give the president maximum optionality,” Rubio said.
U.S. Marines with the 31st Marine Expeditionary Unit conduct a live fire deck shoot aboard the amphibious assault ship USS Tripoli, in the Philippine Sea on March 16, 2026. U.S. Marine Corps photo by Lance Cpl. Gerardo Méndez
13 US Military Personnel Killed
Thirteen U.S. military personnel have been killed in operations against Iran since Feb. 28.
Of these, six U.S. soldiers were killed in a single drone strike on a tactical operations center at the Port of Shuaiba in Kuwait on March 1. Another six U.S. airmen were killed when their KC-135 Stratotanker aerial refueling aircraft crashed over western Iraq on March 12.
On March 27, around a dozen U.S. military personnel were injured at the Prince Sultan Airbase in Saudi Arabia, a U.S. official familiar with the matter told The Epoch Times.
There have been more than 300 U.S. troops wounded in action, according to a U.S. Central Command spokesman. Of that number, 273 have returned to duty.
Three U.S. F-15E Strike Eagle fighter jets were shot down in an apparent friendly fire incident early in the conflict.
An F-35A Lightning II stealth fighter was damaged during combat operations over Iran on March 19.
A U.S. official has told The Epoch Times that 10 more unmanned U.S. MQ-9 Reaper drones have been shot down in the conflict.
The aircraft carrier USS Gerald R. Ford, which was dispatched to the region shortly before the conflict began, sustained fire damage on March 12. The carrier subsequently relocated to Greece to undergo maintenance and repairs.
Peace Talks Ongoing, US Leaders Say
At a U.S.-Saudi investment conference in Miami on March 27, Trump’s special presidential envoy Steve Witkoff said meetings on the Iran conflict are expected within the week, adding, “We’re certainly hopeful for it.”
Witkoff confirmed during a White House Cabinet meeting on March 26 that he has relayed a 15-point proposal to end the ongoing armed conflict with Iran.
“I can report to you today that we have, along with your foreign policy team, presented a 15-point action list that forms the framework for a peace deal,” Witkoff told Trump.
Witkoff declined to specify the terms of the U.S. proposal, which he said was relayed through Pakistani intermediaries.
Iranian officials, meanwhile, have downplayed any such talks.
In a statement shared by Iranian state media, Iranian Foreign Minister Abbas Araghchi said Tehran had received messages from Washington by way of intermediaries, but said, “this is not considered a negotiation.”
Iran’s Foreign Minister Abbas Araghchi looks on after he delivered a speech during a session of the United Nations Conference on Disarmament, in Geneva, on Feb. 17, 2026. Valentin Flauraud/AFP via Getty Images
In recent days, Trump has highlighted progress in negotiations with Tehran to end the conflict.
“They say, ‘Oh, we’re not talking’ … They are begging to work out a deal,” Trump said during the March 26 Cabinet meeting.
Trump also revealed that Iranian leaders had offered permission for 10 oil tankers to pass through the Strait of Hormuz unharmed as a gesture of goodwill.
In a separate comment on Truth Social on March 26, Trump threatened worsening consequences for Tehran if a deal isn’t reached soon.
“They better get serious soon, before it is too late, because once that happens, there is no turning back,” he wrote.
The push to negotiate an end to the fighting comes as Iranian attacks have targeted fuel facilities along the Persian Gulf, as well as commercial traffic in the Strait of Hormuz—through which around 25 percent of the world’s oceangoing oil and other global commodities pass.
Gas prices in the United States have risen by an average of $1 a gallon since the start of the conflict, as the fighting continues to threaten fuel markets.
Additional Middle East energy sites hang in the balance.
On March 21, Trump issued a 48-hour deadline for Iran to completely reopen the Strait of Hormuz or see its energy sites destroyed. Following Trump’s initial ultimatum, Iran’s Islamic Revolutionary Guard Corps threatened to completely close down access to the Strait of Hormuz and target energy facilities in Middle Eastern countries that host U.S. forces. They also threatened to attack crucial water desalination facilities operated by those neighboring countries.
Trump has since postponed his strike deadline to April 6.
Tyler Durden
Sat, 03/28/2026 – 21:00
https://www.zerohedge.com/geopolitical/6-things-know-iran-conflict-hits-1-month-mark
US Monitoring Surge In China’s Detention Of Panama-Flagged Vessels
US Monitoring Surge In China’s Detention Of Panama-Flagged Vessels
Authored by Aldgra Fredly via The Epoch Times,
The U.S. Federal Maritime Commission on March 26 accused China of detaining Panama-flagged vessels in response to Panama’s termination of Hong Kong-based CK Hutchison’s concessions for two key ports.
Panama’s Supreme Court ruled in late January that the concessions held by Panama Ports Company, a unit of CK Hutchison, for the Balboa and Cristobal terminals in the Panama Canal were unconstitutional.
The ruling followed an audit by Panama’s comptroller, which alleged irregularities in the 25-year extension of the concession granted in 2021.
Following the ruling, Panama named U.S. subsidiaries Maersk APM Terminals and Mediterranean Shipping Company’s (MSC) Terminal Investment Limited as interim operators of the ports under 18-month contracts.
Laura DiBella, commissioner at the Federal Maritime Commission—an independent federal agency regulating the U.S. international ocean transportation system—said on March 26 that China has increasingly detained Panama-flagged vessels “under the guise of port state control” and the level of detentions was “far exceeding historical norms.”
“These intensified inspections were carried out under informal directives and appear intended to punish Panama after the transfer of Hutchison’s port assets,” DiBella said in a statement.
“Given that Panama‑flagged ships carry a meaningful share of U.S. containerized trade, these actions could result in significant commercial and strategic consequences to U.S. shipping.”
DiBella said that detaining or impeding vessels documented under U.S. law, as well as those from other nations engaged in commerce with the United States, are “inconsistent with the Commission’s mandate” to protect America’s global supply chain.
“The [Federal Maritime Commission] is charged with ensuring an efficient, competitive, and economical transportation system for the benefit of the United States,” she said.
The commissioner added that China’s Ministry of Transport has summoned Maersk and MSC to Beijing for high‑level discussions, but details had not been provided on the talks.
Chinese Foreign Ministry spokesperson Lin Jian told reporters on March 27 that the U.S. government had made “wrongful allegations” and accused Washington of trying to assert control over the Panama Canal.
CK Hutchison has denounced the ruling as unconstitutional and launched international arbitration proceedings against the Panamanian government, seeking more than $2 billion in damages, according to the Federal Maritime Commission.
“CKH considers the ruling, the executive decree, the purported termination of PPC’s concession, and the takeover of the terminals to be unlawful,” CK Hutchison said in a statement to the Hong Kong Stock Exchange on March 23.
The Panama Canal carries about 5 percent of worldwide maritime commerce, and U.S. President Donald Trump has sounded an alarm about the Chinese influence on the critical waterway that connects the Pacific and Atlantic oceans.
CK Hutchison, which has ties to the Chinese Communist Party, has plans for a $23 billion sale of global ports, including the Panama assets, to a consortium led by BlackRock and MSC.
Tyler Durden
Sat, 03/28/2026 – 19:50
https://www.zerohedge.com/geopolitical/us-monitoring-surge-chinas-detention-panama-flagged-vessels
The Weird Obsession With Flying First-Class Among America’s Anti-Capitalists
The Weird Obsession With Flying First-Class Among America’s Anti-Capitalists
Whether it was the head of a left-wing nonprofit reportedly linked to a Marxist propaganda network connected to a China-based billionaire last week, or Democratic socialist Bernie Sanders on Friday afternoon, there was one common denominator among these “champagne” socialists: their obsession with living an affluent, elitist lifestyle, including flying first class.
TMZ reported on Friday that the socialist Senator from Vermont was flying first class out of Reagan National Airport yesterday afternoon as the government shutdown drags on.
.@TMZ making sure you saw Democrat socialist Bernie Sanders living large on his first class flight out of DC while he forces Americans to go without pay. pic.twitter.com/Nq2KxTtMC1
— RNC Research (@RNCResearch) March 27, 2026
Sanders has been identified with socialist politics for roughly half a century. He was involved with the Liberty Union Party in Vermont in the 1970s, later became mayor of Burlington in 1981, and by the time he entered Congress in 1991, he was already widely described as a democratic socialist.
Recall last year, the boomer socialist and another unhinged Democratic socialist, Alexandria Ocasio-Cortez, were spotted flying around the country in private jets that cost upwards of $15,000 per hour during their tour to fight billionaires.
Bernie Sanders and AOC disembark from a private jet to go ‘fight oligarchy’… Sanders has spent over $220,000 on jets so far this year. Full story here: https://t.co/olQCyWvlRh pic.twitter.com/WMqsApkoGF
— m o d e r n i t y (@ModernityNews) April 18, 2025
Last week, Code Pink’s Medea Benjamin, linked to a Marxist propaganda network run by far-left, China-based billionaire Neville Roy Singham (read the latest NGO report by Fox News’ Asra Nomani), flew first class to Cuba to praise the Communists in Havana with a plane full of white liberals.
All of these champagne socialists condemn capitalism, hate America, and claim to support the working class, but have a weird obsession with living elite lifestyles and flying first class. They preach equality but enjoy luxury. Hypocrisy at its finest.
* * * Pick up some first class mini-shanks (the knarts)!
Tyler Durden
Sat, 03/28/2026 – 19:15
Watch: Vance Says The Clock Is Ticking For Ilhan Omar
Watch: Vance Says The Clock Is Ticking For Ilhan Omar
Authored by Steve Watson via modernity.news,
Vice President JD Vance has put Rep. Ilhan Omar squarely in the crosshairs, confirming the White House is actively exploring legal remedies to hold her accountable for immigration fraud.
In a direct interview with Benny Johnson, Vance stated the Trump administration believes Omar broke the law to enter and remain in the United States – and they are not letting it slide.
“So we actually think that Ilhan Omar definitely committed immigration fraud against the United States of America,” Vance said. “And I talked to [White House deputy chief of staff] Stephen Miller about this actually recently. We’re trying to look at what the remedies are. That’s the thing that we’re trying to figure out is what are the legal remedies now that we know that she’s committed immigration fraud?”
🚨 BREAKING: Vice President JD Vance Officially CONFIRMS that Rep. Ilhan Omar Committed Immigration Fraud:
“Ilhan Omar definitely committed immigration fraud against the United States of America”
The VP says the White House is going to “go after” Omar for these crimes.
“What… pic.twitter.com/01Kwd3kKMR
— Benny Johnson (@bennyjohnson) March 27, 2026
Vance continued, “How do you go after her? How do you investigate her? How do you actually do the thing? How do you build the case necessary to get some justice for the American people?”
Vance added that Omar “has been at the center of a lot of the worst fraudsters in the Somali community.”
Benny Johnson later reflected on the interview, calling it “the first time on the record that we have absolute and total confirmation that Ilhan Omar did, in fact, commit immigration fraud.”
“That’s the first time on the record that we have absolute and total confirmation that Ilhan Omar did, in fact, commit immigration fraud.”
Benny Johnson reflects on his interview with Vice President JD Vance, during which they discussed allegations of immigration fraud involving… pic.twitter.com/wBiNOYWJCD
— NEWSMAX (@NEWSMAX) March 28, 2026
This latest development builds on years of scrutiny over Omar’s personal and financial dealings. As we reported earlier this year, Omar’s husband’s winery was exposed as a fake shell company allegedly used for money laundering, with revenue exploding from $15,000 in 2024 to $5 million in 2025 despite zero wine production at the listed address.
The New York Times reported on a federal investigation into Omar’s finances in January. House Republicans and federal agencies launched a probe.
BREAKING NEWS” Ilhan Omar’s emergency bid to halt the DOJ probe into her explosive wealth surge was brutally DENIED by federal judge — no hearing, no mercy, doors sealed shut in seconds — as the Somali-born congresswoman faces imminent subpoena storm, while Senator Marco Rubio… pic.twitter.com/t9FMDV3dLK
— The Hunter (@the_hunter1100) February 27, 2026
Steve Forbes, chairman and editor-in-chief of Forbes, says Ilhan Omar and her husband are running a money laundering operation
🚨 Ilhan Omar’s husbands investment firm was looked into, THERE IS NO RECORDS OF THEM MANAGING MONEY, “NO CLIENTS”
“His investment firm — It’s DC… pic.twitter.com/igkL6HZl0W
— Wall Street Apes (@WallStreetApes) March 22, 2026
Even Democrat strategist James Carville previously ripped into Omar, calling her attacks on white men “stupid” and urging her to leave the Democratic Party.
Omar has long faced accusations of marrying her brother Ahmed Nur Said Elmi in 2009 to help him immigrate, after an earlier marriage to Ahmed Abdisalan Hirsi. She later reconciled with Hirsi and divorced Elmi years later.
Conservatives, including President Trump, have repeatedly highlighted her ties to massive welfare fraud schemes in Minnesota’s Somali community, where dozens were charged in a $1 billion theft from taxpayer-funded programs.
You literally can’t make this up
Minnesota Rep Ilham Omar’s rapid net worth expansion was so corrupt the DOJ probe into her finances “BEGAN DURING THE BIDEN YEARS”
Where was the media outrage over the investigation?
“Ilhan Omar’s finances are the subject of a probe which… pic.twitter.com/XN3dZlBz94
— Wall Street Apes (@WallStreetApes) January 28, 2026
Vance is leading a new anti-fraud task force aimed at cracking down on such abuses, especially in Minnesota. President Trump has also mocked Omar over the Somali fraud scandals in recent remarks.
The message from the White House is clear: no one is above the law — not even a sitting member of Congress who has spent years deflecting scrutiny while her community allegedly drained billions in American taxpayer dollars.
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Tyler Durden
Sat, 03/28/2026 – 18:40
https://www.zerohedge.com/political/watch-vance-says-clock-ticking-ilhan-omar
Secret Service Agent Assigned To Jill Biden Shoots Himself In The Leg At Philadelphia Airport
Secret Service Agent Assigned To Jill Biden Shoots Himself In The Leg At Philadelphia Airport
Perhaps incompetence is contagious…
A Secret Service agent tasked with protecting Jill Biden managed to become his own biggest threat, accidentally shooting himself in the leg at Philadelphia International Airport last week, according to Reuters.
Thankfully, Biden wasn’t anywhere nearby, presumably because the universe decided one crisis at a time was enough.
The report says that the incident, politely labeled a “negligent discharge” (bureaucratic code for oh sh*t), happened in an unmarked car just before 9 a.m. Other officers rushed in to help, and the agent was taken to the hospital in stable condition—injured pride not listed but heavily implied.
“The Secret Service’s Office of Professional Responsibility will be reviewing the facts and circumstances of this incident,” Secret Service spokesman Nate Herring said, according to the Daily Mail. He continued: “We are grateful for our law enforcement and public safety partners who provided medical assistance.”
Police surrounded a black Chevy Suburban outside Terminal C at Philadelphia International Airport amid ongoing security disruptions with some checkpoints closed and passengers rerouted through other terminals.
Good news: airport operations continued smoothly. And by that we mean likely with 12 hour waits at security due to lack of TSA agents.
Because nothing says “government has it all under control” in an airport nowadays like an armed professional shooting himself and everyone else just carrying on with their flights.
* * * COULD HAVE BEEN WORSE
Speaking of meat that’s been shot, order the Grass-Fed Steak Lover’s Bundle!
Tyler Durden
Sat, 03/28/2026 – 18:05
Middle-Schoolers’ “Let’s Go Brandon” Sweatshirt Case Goes To Supreme Court
Middle-Schoolers’ “Let’s Go Brandon” Sweatshirt Case Goes To Supreme Court
Authored by Dave Huber via The College Fix,
Lower courts have ruled school can ban wearing such apparel as ‘can reasonably be interpreted as profane’
The case of two Michigan middle-school brothers who were told to remove their hoodies emblazoned with the phrase “Let’s Go Brandon” is headed to the U.S. Supreme Court.
The siblings are represented by the Foundation for Individual Rights and Expression which says the boys’ school violated their First Amendment rights.
The phrase was popularized during a 2021 NASCAR event when a crowd was shouting “F*** Joe Biden!” but the NBC interviewer told racer Brandon Brown they were yelling “Let’s go Brandon!”
A judge in 2024 ruled the phrase could “reasonably be interpreted” as profane.
Last October, the Sixth Circuit Court of Appeals upheld that ruling in a 2-1 decision, confirming the case was about “the vulgarity exception.”
Referencing the landmark Tinker free speech case, Judge John Nalbandian (a Trump appointee) wrote “The Constitution doesn’t hamstring school administrators when they are trying to limit profanity and vulgarity in the classroom during school hours [… they’re not] powerless to prevent student speech that the administrators reasonably understand to be profane or vulgar.”
(Ironically, the brothers’ principal, Joseph Williams, had said he “was not aware that the school had experienced any disruption from students wearing ‘Let’s Go Brandon’” sweatshirts.)
FIRE’s petition to the SCOTUS notes the previous rulings allow individual teachers and administrators to “create and enforce their own test for ‘vulgarity’ [–] a political shirt could have First Amendment protection in second-period algebra but not third-period biology.”
“Let’s Go Brandon” is no different than using words “heck” or “shoot” in place of their obvious profane counterparts.
FIRE Supervising Senior Attorney Conor Fitzpatrick said “The school district’s censorship assumes that students cannot handle seeing even sanitized expressions. But America’s next generation is not so fragile, and the First Amendment is not so brittle.”
Tyler Durden
Sat, 03/28/2026 – 17:30
Debbie Dupes Dallas: Porn Legends Clone Themselves With AI To Keep Raking It In Long After Retiring
Debbie Dupes Dallas: Porn Legends Clone Themselves With AI To Keep Raking It In Long After Retiring
Worn-out porn stars have found a fresh way to keep raking in the cash long after they’ve aged out of the business, according to a new report from WIRED.
OhChat, a British startup that lets adult creators clone themselves with AI, has inked deals with Lisa Ann and Cherie DeVille to license their likenesses on the platform, basically creating a digital version of them in every possible way that can churn out custom sex scenes for paying customers.
Despite leaving the business in 2019, Lisa Ann now charges $30 per month to give fans the ability to cook up X-rated scenarios of her using the bot.
“This keeps my name alive,” said of her AI clone in an interview with WIRED. “She’s never going to age.”
“For guys that like to say good morning or good night, they now have that access. The fact that I’m not shooting scenes anymore also allows new scenes to be created,” she added.
Adult performer Alix Lynx licensed her image to Joi.com
WIRED reports:
Other competitors in the space include My.Club, Joi AI and SinfulX AI, the platform that adult film actress Georgia Koneva partnered with this month, saying, in a press statement, that her avatar gave her a “new way to share my voice and personality with the people who follow me.” According to SinfulX AI, it also develops “original” synthetic characters using licensed source imagery from adult performers whose content it has the rights to use. In the same statement, the company said that those AI-generated “characters” are “designed not to replicate any single individual while still maintaining the realism for which its content is known.”
However, Ann concedes that human porn is still preferred by a majority of people.“Guys are always going to want real content. Men are always going to want to see new scenes. There will always be a need for all of it. But the fact that I’ve never been awake from 11 pm to 7 am, and now there’s a 24-hour clone that can chat for me—that alone is something. It allows me to keep my brand alive,” she said.
* * * IQ Male Enhancement will leave you virtually diamonds
Tyler Durden
Sat, 03/28/2026 – 16:55












