Prof. Ted Postol: Iran Already Achieved NUCLEAR DETERRENCE Against Israel
Dialogue Works | April 3, 2026
Al Mayadeen | April 4, 2026
On Saturday, Major General Omar Al-Waeli, head of the Iraqi Border Ports Authority, confirmed the martyrdom of one person and injuries to five others following an attack on the Shalamcheh border crossing with Iran.
Al Mayadeen’s correspondent in Basra reported that movement at the crossing has been completely suspended, adding that US warplanes targeted the Iranian passport hall at the border point.
Since the onset of the US-Israeli war on Iran, American attacks have relentlessly targeted Iraq, including Popular Mobilization Forces (PMF) units and centers.
PMF martyr, injruies in US attack earlier today
Earlier today, the PMF reported that its 45th Brigade, part of the Jazira Operations Sector, was attacked at the al-Qaim border crossing. The assault left one PMF member martyred, four others injured, and one Ministry of Defense employee wounded.
In response to the repeated aggression, the Iraqi Cabinet directed the armed forces and the Popular Mobilization Forces to defend themselves and respond to any attacks on their positions.
The cabinet also instructed the Ministry of Foreign Affairs to submit an official complaint to the UN Security Council, condemning the attacks and demanding they be stopped.
Iraqi Resistance calls for action against US-Israeli regional allies
Similarly, the Iraqi Resistance Coordination Committee praised the Iraqi people’s positions in support of the Axis of Resistance, while calling for punitive measures against countries that enable US-Israeli aggressions in the region.
In a statement, the Committee said that “the alignment of the rulers of Jordan, Saudi Arabia, and the UAE with the criminality of the Zionist-American enemy against the Islamic Republic and their betrayal of the honorable free people of Iraq represent the height of baseness and vileness.”
It stressed that this “requires a firm deterrent response from the Iraqi government,” adding that such measures should begin with “punishing Jordan in particular, as it serves as a launch point for enemy aircraft targeting the fighters of the Popular Mobilization Forces and Iraqi security forces,” calling for “the complete closure of the land border crossing and the suspension of Iraqi oil grants.”
The Committee also stated that the Iraqi Resistance has avoided harming Kuwait’s economic interests and infrastructure while targeting US forces in the country. It further called for avoiding harm to Qatar’s interests, excluding US bases, “in appreciation of Doha’s responsible positions toward the Palestinian cause and the Axis of Resistance.”
Press TV – April 4, 2026
Iran’s Parliament Speaker Mohammad Baqer Qalibaf says the ongoing aggression is “Israel’s war,” adding that its security repercussions and resulting losses have extended beyond the region and affected the wider world.
“This war is Israel’s war, and the resulting security breakdown and losses have affected the world,” Qalibaf said in an interview with Al Jazeera Arabic.
He added that Iran has prepared for this confrontation and proven its ability to defend itself.
“Iran was forced to target US bases and interests in the region to preserve its presence,” he said, warning that any further escalation against Iran “will be met with a decisive and broad response” directed at US interests.
According to Qalibaf, maintaining stability in the region serves the interests of all regional states, and Iran considers sustainable security a priority.
He added that countries in the region are capable of safeguarding their interests through bilateral and multilateral security arrangements “without foreign interference.”
Qalibaf further said that the key sources of regional instability must be addressed, emphasizing that security should be established “without the involvement of the United States and Israel.”
The US and Israeli regimes launched their military aggression against Iran in late February by attacking 30 targets across Tehran, assassinating Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei and several senior Iranian officials.
Since then, Iranian armed forces have retaliated strongly by launching barrages of missiles and drones at Israeli occupied territories as well as US bases across the region.

Al Mayadeen | April 4, 2026
The Islamic Revolution Guard Corps’ (IRGC) has rejected accusations that it was responsible for an attack on the US Embassy in Riyadh, Saudi Arabia, emphasizing instead that it was a false flag operation carried out by the Israeli entity.
In Statement No. 54 of Operation True Promise 4, the IRGC’s Public Relations Department condemned the attack on the embassy, which was reported by The Wall Street Journal, stressing that, recalling the Israeli occupation’s regional strategies, “this action was certainly carried out by Zionists.”
The IRGC confirmed that the Iranian Armed Forces’ target list has been clearly identified, adding that Iran had already informed neighboring countries of the necessary warnings to “prevent further escalation.”
The IRGC also warned that West Asia “must remain vigilant against provocations from the American–Zionist current,” which aims to destabilize and destroy the region.
A series of false flags
Iran has repeatedly stressed that its operations target US-Israeli military assets and affiliated infrastructure in the region and across the occupied territories in Palestine, quickly pointing out false flags and highlighting ongoing enemy attacks that seek to disturb regional harmony.
It has also delineated target lists for its tit-for-tat retaliations for attacks on its civilian infrastructure, including US assets in the region. The US embassy in Riyadh was not among them.
Only yesterday, the IRGC condemned the targeting of water desalination plants in Kuwait, asserting that the Israeli entity “is behind this cowardly act of aggression aimed at sowing discord.” On Monday, a Kuwaiti power and desalination plant was also struck, killing an Indian worker and causing significant material damage.
Kuwaiti authorities were quick to attribute the attack to Iran, but Tehran squarely denied involvement and blamed “Israel,” with the spokesperson for Iran’s Khatam al-Anbiya Central Headquarters describing the incident as “evidence of the enemy’s depravity and malice,” saying it forms part of broader efforts to inflame tensions and undermine regional stability.
Similarly, following a fire at Saudi Aramco’s Ras Tanura refinery in early March, an Iranian military source told Tasnim News Agency that the attack was “an Israeli false flag operation” aimed at distracting regional countries from “Israel’s” strikes on civilian sites inside Iran, stressing that “Aramco facilities have not been among the targets of Iranian attacks so far.”
Daniel Davis / Deep Dive – April 3, 2026
By Eman Abusidu | MEMO | April 3, 2026
A Bahia state lawmaker has formally urged President Luiz Inácio Lula da Silva to bar Israeli military personnel from entering Brazil, following a series of controversial incidents involving Israeli tourists in Bahia. The measure argues that individuals who took part in military operations in Gaza and Lebanon could be held accountable for acts described in the document as genocide.
The proposal, submitted by state representative Hilton Coelho of the Socialism and Liberty Party (Psol), calls on the federal government to adopt measures preventing individuals linked to alleged human rights violations from using Brazil as a tourist destination or refuge. The document characterises such acts as potential genocide, war crimes, and crimes against humanity.
Coelho grounds the request in Brazil’s Federal Constitution, which prioritises human rights, peace, and the rejection of violence in international relations, as well as the Migration Law (No. 13.445/2017), which permits authorities to deny entry to foreigners suspected of serious violations.
The proposal outlines operational measures, including monitoring arrivals through the Federal Police to identify individuals who participated in military operations, immediate denial of entry where applicable, and international coordination to restrict cross-border movement of those under suspicion.
The initiative comes amid increasing controversy in Bahia, particularly in coastal destinations such as Itacaré and Morro de São Paulo, which have become popular among Israeli tourists, many of whom travel after completing mandatory military service. Local businesses have adapted to this demand, offering Hebrew-language services and tailored hospitality, making the segment economically relevant.
However, tensions have escalated. On 14th March, three Israelis were arrested during a protest in Itacaré against the presence of Israeli tourists. Footage from the scene showed clashes between demonstrators and police intervention. Authorities reported simultaneous opposing demonstrations, reflecting a divide within the local population.
Residents have also reported incidents involving alleged racism, aggression, and public disturbances attributed to some visitors. In parallel, there have been legal complaints filed in Brazil against Israeli individuals over alleged actions during the war in Gaza, with reports indicating that some left the country before investigations could advance.
Congressman Coelho argues that allowing entry to individuals linked to such allegations risks normalising human rights violations and contradicts Brazil’s foreign policy principles.
He is calling for coordinated action by the Ministries of Justice and Foreign Affairs to enforce stricter entry controls.
The proposal will undergo review within Bahia’s Legislative Assembly before being forwarded to the federal government. The administration of President Lula has not yet issued an official response.
Critics of the proposal contend that the measure could be viewed as discriminatory and may create legal and diplomatic challenges for Brazil.
Simultaneously, several lawmakers and members of the Brazilian parliament, particularly from left-wing parties, have withdrawn their signatures from a bill seeking to define “antisemitism” in Brazil, in a significant political reversal that came only days after the proposal was introduced.
The withdrawals followed Palestinian criticism and warnings that the bill could be used to curb criticism of Israeli occupation policies.
According to documents, Bill No. 1424/2026 was submitted to the Brazilian Congress on 26th March 2026, by lawmaker Tabata Amaral and others under the title: “Definition of Antisemitism for the Purpose of Guiding National Public Policies.”
The bill defines antisemitism as “a certain perception of Jews, which may be expressed as hatred toward them.” It also states that manifestations of antisemitism “may target the State of Israel as a collectivity representative of the Jewish people,” while adding that “criticism of Israel similar to that directed against any other country cannot be regarded as antisemitic.”
The proposal further links antisemitism to the crime of racism under Brazilian law and recommends using a list of examples issued by the International Holocaust Remembrance Alliance, or IHRA, as guidance in interpreting the concept.
But the bill, which initially appeared to enjoy support from lawmakers across different party lines, quickly faced pushback inside Congress.
According to procedural texts, the withdrawal requests used direct language, including: “Requests the withdrawal of the signature from Bill No. 1424/2026, which defines antisemitism for the purpose of guiding national public policies.” One request stated: “I request the removal of my signature from Bill 1424/2026.”
The deputy Heloiza Helena said her name had been included among the signatories without her authorisation, describing the move as unacceptable. She also pointed to the sensitivity of the issue for Palestinians amid what she described as daily attacks, including the killing of children and the destruction of hospitals and schools.
While the deputy Ana Paula Lima said she removed her signature after a deeper assessment of the proposal, in order to avoid any possible restrictions on what she called “legitimate political debate.”

By Kit Klarenberg | The Grayzone | April 3, 2026
When Syria’s “interim” leader Ahmed al-Sharaa touched down in London on March 31, he was given a much warmer welcome than many once thought possible. As the longtime leader of Syria’s Al-Qaeda branch, the US had been offering a $10 million bounty for information on his location just 15 months prior. Yet here was Al-Sharaa, proudly posing for photo ops with King Charles and Prime Minister Keir Starmer.
British intelligence had been working towards this day for almost two decades. The path for al-Sharaa’s rule was cleared by MI6 after years of mentoring under Jonathan Powell, who now serves as National Security Advisor to Starmer. The time had come for Britain to formally anoint its Syrian puppet.
The ongoing US-Israeli war on Iran, and the Strait of Hormuz’s closure, were reportedly at the top of Starmer and al-Sharaa’s agenda. The British premier praised his counterpart’s supposed success in battling ISIS, while al-Sharaa thanked London for its assistance in pushing for sanctions on Syria’s ruined economy to be lifted. The pair have enjoyed warm relations since al-Sharaa’s seizure of power in December 2024, which Starmer publicly celebrated as a golden opportunity for London to “play a more present and consistent role throughout the region.”
Ever since, the British have systematically steered Damascus’ self-appointed government towards recognition and welcome by Western states. In May 2025, as al-Sharaa’s death squads massacred Alawites and other ethnic and religious minorities, US President Donald Trump received his Syrian counterpart in the oval office, where he gifted him a bottle of Trump-branded cologne. The BBC acknowledged this development would have been “unthinkable just months ago.”
Al-Sharaa took the next steps in January 2026, when he signed an unpopular US-brokered accord with Israel, which former Syrian President Bashar Assad had steadfastly refused to endorse for decades.
The impacts of the deal were immediately visible. As Al-Sharaa’s forces swept through Kurdish territory in north east Syria, the Kurds’ erstwhile Israeli backers refused to intervene, and US envoy Tom Barrack publicly declared that the American partnership with the Kurds had “expired.”
Within weeks, al-Sharaa’s forces wrested control of the country’s wheat and oil-producing areas, which had been under US-led occupation for years. Though Syria and Israel have yet to formally normalize relations, al-Sharaa describes relations between the countries as “good.” Today, Syria’s airspace and ground territory is routinely used by Israel and its Western sponsors to wage war on Iran.
Though the rapid transition took many by surprise, the campaign to re-establish Western control over Syria was actually set in motion years ago.
Starmer’s top advisor also groomed al-Sharaa for power
Among the most important vehicles for grooming the former Syrian Al Qaeda warlord known as Mohammed Jolani into the politician, Ahmad Al-Sharaa, was a supposed conflict resolution NGO known as Inter-Mediate. Founded by Jonathan Powell, a former advisor to PM Tony Blair who helped negotiate the Good Friday accords in Northern Ireland, works closely with the British Foreign Office and MI6.
Powell’s Inter Mediate cultivated al-Sharaa’s militant Hayat Tahrir al-Sham (HTS) faction for power for years before the December 2025 palace coup, and now boasts a dedicated office within the presidential palace in Damascus.
Coincidentally, Powell took up the post as Starmer’s advisor mere days before HTS declared themselves Syria’s government. As a confidant of Tony Blair, Powell was a key figure in the push for the criminal 2003 Anglo-American Iraq invasion, helping shape bogus intelligence claiming that Baghdad posed a biological and chemical weapons threat to justify the illegal intervention.
Despite his role in the destruction of Iraq, British media has reported that Powell “may have more influence over foreign policy than anyone in government after the Prime Minister himself.” Today, Powell is charged with “coordinating all UK foreign policy, security, defence, Europe, and international economic issues.”

Al-Sharaa was also personally welcomed by Hamish Falconer, an intelligence-aligned Member of Parliament who spent years collaborating with MI6 as the British foreign office’s Terrorism Response Team leader and once served as a hostage negotiator in talks with the Taliban.
Falconer is a close associate of Amil Khan, a British intelligence contractor who worked obsessively to generate sympathetic coverage of HTS while plotting to undermine this outlet due to our critical reporting on Syrian jihadists and their friends in the British government.
Hamish’s father, Charlie Falconer, was a longtime friend and former roommate of former Tony Blair. Following Blair’s May 1997 election victory, Falconer senior was elevated to the unelected House of Lords, then served in a series of high-ranking government posts throughout his pal’s tenure, often coordinating with Jonathan Powell.
While there, the elder Falconer applied “huge pressure” to Attorney General Lord Goldsmith to change his conclusion that invading Iraq was completely illegal. This intervention may have played a decisive role in enabling the illegal war of aggression. Today, it’s been reported that many on Downing Street are “growing increasingly wary about the influence of… smooth Blairites.”
According to one British outlet, top officials in London are purportedly asking, “at what point… does ‘experience’ and ‘guidance’ become ‘control’?” The same question must be asked of MI6’s longstanding links to al-Sharaa.
British intel set up al-Sharaa’s civil apparatus
It is uncertain when British contact with HTS began. But Robert Ford, who served as the US ambassador to Syria from 2011 to 2014, disclosed that in 2023 Inter-Mediate sought his personal assistance in rebranding HTS from “terrorists” into politicians. Ford met repeatedly with al-Sharaa, who reportedly expressed no remorse about the massacres and atrocities he perpetrated in Iraq. Al-Sharaa had served five years in the US military’s notorious Camp Bucca jail for his involvement with Al Qaeda in Mesopotamia. He was released in 2011 – just in time for the Syrian dirty war.
In September 2025, former-MI6 chief Richard Moore admitted Britain’s foreign spying agency had been courting HTS long before its seizure of Damascus. “Having forged a relationship with HTS a year or two before they toppled Bashar, we forged a path for the UK Government to return to the country within weeks” of the fall of Assad, Moore boasted.
British psychological warfare operations and ‘aid’ efforts greatly assisted HTS’ consolidation of power in areas of Syria it occupied. As The Grayzone revealed in the immediate aftermath of Assad’s fall, leaked documents show MI6 was well-aware that reports of the group’s split from Al Qaeda were a fantasy.
Nevertheless, British propaganda efforts portrayed dangerous, chaotic HTS-occupied territory as a “moderate” success story, in order to demonstrate “a credible alternative to the [Assad] regime,” per the leaks. Central to these psy-ops were British-created assets including the Free Syrian Police (FSP) and White Helmets.
Framed by Western media as providing vital humanitarian services to local populations, these ostensibly independent agencies enjoyed fawning coverage in mainstream media. In reality, the pair collaborated closely with extremist groups, including HTS, and were complicit in hideous atrocities.
Whether intentional or not, HTS was “significantly less likely to attack opposition entities… receiving support” from the British government, a UK intelligence contractor stated. The work of the White Helmets and FSP greatly enhanced the terrorist group’s credibility as a governance actor and service provider among Syrians. When HTS took power outright in northwest Syria, the FSP became the territory’s formal police force. Since Assad’s ouster, the White Helmets have been tapped by British intelligence assets to run the country’s emergency services.
Despite al-Sharaa’s refusal to repudiate his extremist past, British diplomats initiated a series of meeting with him and other HTS warlords from December 2024 onwards. The public encounters continued even as legacy media outlets acknowledged these summits were completely illegal, as HTS was a proscribed terror group under British law. Starmer did not formally lift this designation initially, but nonetheless led calls for the removal of sanctions on Syria by all Western countries.
In March 2025, the UK terminated the majority of its Syria sanctions, and the rest of the EU followed shortly. With the revocation of US sanctions in July, Syria had effectively been welcomed back into the fold of the so-called international community.
While London’s man in Damascus appears eager to please Starmer and his counterparts in Western capitals, his sectarian politics remain a source of domestic credibility. In January, al-Sharaa’s forces overran northeastern Syria, and freed many ISIS fighters from Kurdish-run prisons, where MI6 had long-managed covert propaganda operations to influence inhabitants. Many freed ISIS brides reportedly refused repatriation to their home countries, “because their husbands are with” al-Sharaa.
Al Mayadeen | April 3, 2026
The Israeli occupation army has acknowledged that disarming Hezbollah is not among the objectives of the current war, marking a significant reversal from positions held just two weeks prior, and a tacit admission of the limits of its military options in Lebanon.
“Israel’s” Channel 12 first reported the shift, with Israel Hayom military correspondent Lilach Shoval confirming that dismantling Hezbollah’s weapons is “not on the agenda.”
Yedioth Ahronoth described it as a formal change in the army’s direction, especially as the reversal came only two weeks after the army had publicly insisted it would pursue the full dismantling of Hezbollah’s arsenal.
The army now defines its primary objectives against Hezbollah as significantly weakening the group, establishing “a deep defensive line”, and demolishing dozens of homes along the frontline villages, mirroring the “yellow line” model applied in Gaza.
On disarmament, Israeli army officials admitted that “we must be modest on this issue.”
A sharp reversal
The course reversal stands in stark contrast to the maximalist rhetoric that defined the aggression’s opening weeks. Israeli War Minister Israel Katz had vowed to “separate Lebanon from the Iranian arena and strip Hezbollah of its ability to threaten, changing once and for all the situation in Lebanon,” explicitly invoking the Gaza model.
Meanwhile, IOF Chief of Staff Eyal Zamir declared the campaign would end with “Hezbollah suffering a devastating blow,” while Finance Minister Bezalel Smotrich went further, calling for the Litani River to become the entity’s “new border with the Lebanese state.”
Katz had also announced on March 24 that the IOF would establish a permanent security zone inside Lebanon up to the Litani River. He stated that all homes in border-adjacent villages would be demolished and that the return of displaced Lebanese civilians would be “completely prevented.”
Where officials once spoke of transforming Lebanon’s strategic landscape, the occupation army now concedes that full disarmament would require “a full occupation of Lebanon and the systematic dismantling of military infrastructure in every village,” conditions it realizes are unrealistic.
Notably, Israeli officials maintained that only the IOF, not the Lebanese state or any other party, could disarm Hezbollah, while simultaneously acknowledging that the conditions to do so do not exist.
‘A complex arena’
Earlier in the week, Israeli Channel 11, citing former army and Mossad officials, reported that “the Lebanese arena differs entirely from any other in terms of its complexity and military entanglement.”
Retired Major General and former Mossad chief Danny Yatom said Hezbollah fighters in southern Lebanon “hold a relative advantage over the Israeli army due to their deep familiarity with the terrain,” adding that “every tree trunk and every small hill can serve as an ambush position.”
He cautioned that even controlling territory up to the Litani River “would not solve the problem of rockets and shells,” and stressed that the real challenge lies in adapting at the tactical level, not merely the strategic one.
Lieutenant Colonel (res.) Oren Leshem, a former senior Israeli Air Force officer, was equally candid, saying there is “no magic solution to the Lebanon issue” and that the army has tried every available approach over the past 18 years, including during the Second Lebanon War, yet the situation “remains complex and highly challenging.”
Channel 14 added that “the problem in Lebanon is that military forces are constantly on the move and exposed, while Hezbollah exploits the terrain to target them.”
The Cradle – April 3, 2026
Greek shipping companies have secretly transported oil, coal, and military cargo to Israel using deceptive maritime tactics, according to a report by the No Harbour for Genocide campaign reviewed exclusively by Middle East Eye (MEE) and published on 2 April.
The investigation found that at least 57 covert crude oil shipments reached Israeli ports between May 2024 and December 2025, during Israel’s genocide of Palestinians in Gaza.
These deliveries, totaling roughly 47 million barrels, were routed via Turkiye with vessels disabling tracking systems and listing false destinations to bypass Ankara’s embargo.
Ships departing from the Turkish port of Ceyhan often reported destinations such as Port Said or Damietta in Egypt, before switching off their automatic identification systems, going dark in the Mediterranean, and later reappearing after docking in Israel, primarily in Ashkelon.
Satellite imagery reviewed by MEE confirmed their presence during these blackout periods.
The majority of these vessels were managed by Kyklades Maritime Corporation and Thenamaris Ships Management, linked to the Alafouzos and Martinos families.
Neither company reportedly responded to requests for comment, MEE said.
In 2025, at least 13 shipments carried military cargo, including ammunition and machine-gun components used by Elbit Systems, with Greek-managed ships involved in multiple deliveries.
Coal shipments were also documented. Between October 2023 and February 2026, eight covert deliveries totaling 751,000 tonnes were transported from South Africa using similar concealment tactics.
“Shipowners turn off their tracking systems, falsify destinations, and endanger seafarers, all to profit from it,” said Ana Sanchez of the campaign. “We know who they are, we know what they’re doing, and now so does everyone else.”
The report states that oil delivered through the Baku–Tbilisi–Ceyhan (BTC) Pipeline was refined into fuel for Israeli military use.
Turkish journalist and author Erman Cete, writing for The Cradle, says Israel’s war effort is sustained by a global energy network anchored in the BTC pipeline, which supplies a significant share of its crude oil needs.
He notes that this supply chain is reinforced by international legal agreements and major energy firms, with oil continuing to flow from multiple countries – including states that publicly criticize Tel Aviv – highlighting a broader system of sustained economic and political complicity.

By M. K. BHADRAKUMAR | Indian Punchline | April 3, 2026
The only clue the US President Donald Trump has given in his prime time televised speech on Wednesday at the White House regarding the ending of his war in Iran is that the core “objectives are nearing completion” and that he is “very close” to finishing the war.
The big question is whether Trump is any longer in command of the situation. For all practical purposes, the war seems set to cascade as the US is preparing for a potential ground operation in Iran and threatens to destroy “bridges next, then electric power plants”.
Revealing himself primarily as YHWH (Yahweh) in the Old Testament — the personal, holy, and covenant-making Creator who demands exclusive worship from Israel — Trump thundered, “Over the next two to three weeks, we are going to bring them [Iranians] back to the Stone Ages, where they belong” .
Yet, Iran is in no mood to surrender. Tehran has lost respect for Trump and instead sees him as a master craftsman of the art of deception. The Iranian statements underscore that the US intelligence lacks even the foggiest idea of its capabilities to retaliate.
Perhaps, the most vicious no-holds-barred phase of the war is about to begin, with a dynamics of its own — in particular, taking into account the Israel factor, which is a revisionist power seeking to alter the established international order, rules, territorial boundaries or distribution of power in the West Asian region to better serve the establishment of a Zionist state of Greater Israel.
Israel is keeping its options open to further territorial expansion, the latest evidence being the assault on Lebanon and its back-tracking from US-backed negotiations with Syria. Unsurprisingly, Iran insists that any peace deal must encompass all issues of regional stability and security.
Wars have consequences. They leave behind a lot of debris. But this is not about Iran’s reconstruction alone for which of course, it is legitimately seeking war reparations and a security guarantee.
The bottom line is, after creating new facts on the ground, Trump may simply walk away to the golf course. The most consequential new reality is that the Strait of Hormuz is transforming as a waterway.
By coincidence, the first reaction to Trump’s address on Wednesday came from the global oil market, as prices of rose to $105 per barrel. The Oil Price magazine which provides forward-looking intelligence for energy traders and investment professionals was spot on in its prognosis that “Long-suffering energy investors finally have a reason to smile, with the sector on track to outperform the broader market by its widest margin on record, driven by Middle East conflict … The energy sector’s 14-week winning streak far exceeds previous bull runs.
“Oil & Gas stocks have easily outpaced the erstwhile high-flying tech sector… Leading the charge are U.S. oil majors” — Exxon Mobil returned 33.1% YTD; Chevron Corp (28.5%); Occidental Petroleum (49.6%); ConocoPhillips (38.5%); Marathon Petroleum (43.8%). Wall Street must be feeling elated.
According to Financial Times:
“[US War Secretary] Pete Hegseth’s broker at Morgan Stanley contacted BlackRock in February to make a multimillion-dollar investment in a defence-focused Exchange-Traded Fund (ETF) called IDEF.
“This $3.2 billion fund is built around companies that benefit from increased military spending, including RTX, Lockheed Martin, Northrop Grumman, and Palantir — all major Pentagon contractors.
“The request came just weeks before the U.S.-Israeli strike on Iran, a campaign Hegseth helped shape and strongly supported within the Trump administration.”
Larry Johnson, who worked in the CIA and is by far one of the best American commentators on Trump’s war (and geopolitics in general), wrote a blog this week titled Who Else, Besides Pete Hegseth, is Trying to Use the War in Iran to Get Rich? To quote him, “If you do the analysis on the weapons expended so far in the month-long war with Iran, the opportunity for war profiteering is quite clear… The high expenditure rates, combined with historically low peacetime production [of weaponry] have created a serious “race of attrition” that cannot be quickly reversed.”
Johnson flagged as example that both Patriot and THAAD interceptors are primarily manufactured by Lockheed Martin. He adds, “Which means that Lockheed Martin can expect a major influx of cash to boost production and try to replenish exhausted missile air defence inventories. I wonder who else in the Trump administration and the US Congress are making money off this bloody war?”
Setting aside the sleaze and corruption endemic to America’s wars, like night follows the day, the single new fact on the ground today that has explosive potential and can bring the roof down on the international financial system is the terrible beauty about the Strait of Hormuz as Iran decided to control the use of the waterway by outsiders in war conditions, which is nothing unusual (eg., Straits of Bosphorus which Turkey and Russia control.)
Since the waterway passes through the territorial waters of Iran and Oman, these two countries are entitled to have a say in the regime of maritime traffic in war conditions. It’s a legitimate demand. Nonetheless, Iran is showing flexibility by allowing traffic by “benign” vessels not linked to the two enemy countries, US and Israel. It stands to reason that this flexibility will eventually transform in a post-war scenario into a rational, efficient, secure regime.
Meanwhile, the cascading price of oil has the potential to impact the world economy. Since petrodollar recycling is also involved, this will hit international finance as well — the western banking system in particular — unless it is resolved quickly, smoothly and peacefully with the consent of Iran and Oman. Trump has tactfully made it the concern of Europeans and the Gulf Arab states, the US’ partners in crime in petrodollar recycling who help prop up the dollar as “world currency.”
Hopefully, India’s stance, as articulated by Foreign Secretary Vikram Misri at a meeting hosted in London yesterday, provides a ramp that can be the basis of a permanent solution — namely, “the way out of the crisis consisted of de-escalation and a return to the path of diplomacy and dialogue among all concerned parties.”
Notably, India did not sign up to the meeting’s final statement which expressed readiness by participants to contribute to “appropriate efforts to ensure safe passage through the Strait.” Meanwhile, India’s direct talks with Tehran have been productive and yielded positive results.
Press TV – April 2, 2026
The Islamic Revolution Guards Corps (IRGC) announced on Thursday that it struck a data center and computing infrastructure belonging to the US tech giant Oracle, based in the United Arab Emirates, in response to the latest assassinations in Iran.
In a statement released by the IRGC public relations wing, it said the attack was a direct retaliation for what the enemy’s “terrorist operations” targeting Iranian individuals.
“Just as we had warned, in response to the assassination of Iranian individuals, we will target intelligence, information technology, and artificial intelligence spy companies that are pillars of the enemy’s terrorist operations,” the statement read.
The IRGC said the strike on Oracle followed a similar pattern of retaliation.
“Following the destruction of the cloud computing infrastructure of the American company Amazon in retaliation for the assassination of Commander Fathalizadeh, today, the data center and computing infrastructure of the American company Oracle, based in the Emirates, was struck in response to the assassination of Dr. Kamal Kharrazi and his wife.”
Dr. Kharazi, who serves as the head of Iran’s Strategic Council on Foreign Relations, previously served as the foreign minister of Iran from August 1997 to August 2005.
While he has been gravely injured in the attack, his wife was martyred.
The IRGC issued a clear warning to other companies it may view as complicit in future acts of aggression against Iranian nationals.
“If the crimes are repeated and another assassination occurs, the next company should be ready to receive a decisive response,” the statement noted.
What makes Oracle complicit in war against Iran?
Oracle is also one of the most deeply embedded technology companies in the US military and intelligence ecosystem.
Through its Oracle National Security Group (ONSG) and Oracle Cloud for Government and Defense programs, the company provides mission-critical database management, cloud infrastructure, enterprise software, and cybersecurity solutions to the Department of War, Pentagon, intelligence agencies, and federal civilian entities.
Oracle’s database technologies form the backbone of countless US military and intelligence systems, including personnel management, logistics, weapons inventory, signals intelligence (SIGINT) data processing, and geospatial intelligence (GEOINT) platforms.
The company’s software is used by the National Security Agency (NSA), Central Intelligence Agency (CIA), Defense Intelligence Agency (DIA), and all branches of the US military to manage vast datasets essential for intelligence analysis, targeting, and operational planning.
Oracle’s cloud infrastructure, including its dedicated Oracle Cloud for US Defense and Intelligence, has been accredited for classified workloads, enabling the company to provide secure cloud computing environments for the Department of War and the intelligence community.
The company is a key participant in the Pentagon’s Joint Warfighting Cloud Capability (JWCC) program, competing alongside other major cloud providers to deliver infrastructure for military operations globally.
Beyond software and cloud, Oracle has long-standing partnerships with US intelligence agencies on data analytics, artificial intelligence (AI), and machine learning (ML) applications for intelligence gathering, threat detection, and predictive analysis.
Oracle also maintains a significant and strategically important presence in the occupied Palestinian territories with deep ties to the Israeli regime, military, and military-industrial base.
The company operates major research and development centers in the occupied territories, including facilities in Herzliya, Petah Tikva, and Haifa.
The company’s technologies are used in military command-and-control systems, intelligence analysis platforms, logistics management, and secure communications infrastructure.
Oracle’s cloud services have been increasingly adopted by Israeli military entities seeking to modernize their IT infrastructure. It participates in joint projects with Israeli military and intelligence entities, contributing to the development of advanced data analytics, AI-driven intelligence tools, and secure enterprise platforms.