BREAKING: Just days after Trump made a "very angry" phone call to Deputy Defense Secretary Steve Feinberg over extreme US munitions shortages following the Camp David clash with Secretary of War Pete Hegseth, Feinberg has now issued a directive to US defense firms giving them no more than 21 days to submit plans to rapidly escalate the production and delivery of weapons that are now at zero due to the war, per WaPo.
Feinberg states "years-long development cycles are not acceptable" and "we must dramatically accelerate our program schedules and expand our production capacity now" due to the catastrophically low amount of munitions.
The Pentagon last week secured Lockheed Martin a contract worth up to $58.6 billion for PAC-3 MSE production, and this Monday signed agreements with Northrop Grumman and Lockheed Martin to increase production of PAC-3 and THAAD missiles, the exact missiles now at zero due to the war.
BREAKING: Just days after Saudi Arabia signed a new defense pact with Pakistan and Turkey, two major Saudi Aramco energy sites have been reportedly hit — a fire at the Berri Gas Plant near Jubail on the Gulf coast and a separate blaze at an Aramco facility at the Jazan refinery on the Red Sea coast, per satellite data and Saudi officials.
NASA FIRMS detected an estimated 125 MW fire radiative power at Berri, while Saudi authorities said Aramco crews extinguished the Jazan fire with no injuries reported. The cause and extent of damage remain unclear, with no confirmed attribution for either incident.
The stakes are enormous. Jubail supplies approximately 8% of global petrochemical production and contributes more than 7% of Saudi Arabia's GDP, hosting major operations involving Saudi Aramco, SABIC, ExxonMobil, Dow Chemical, and Chevron Phillips.
The timing is critical. The attacks come just days after Saudi Arabia, Pakistan, and Turkey signed a NATO-style defense pact in Jeddah. The agreement, which features a collective defense clause, was dismissed by Iran as a "paper agreement" that would not bring security to Riyadh. The strikes may be a test of that new alliance — and a warning from Tehran that no paper pact will protect Saudi energy infrastructure. Saudi authorities have not confirmed the cause of either fire. The region remains on high alert.
@WhaleFUD I went long last week. I think corp america needs oil prices to be high. Trump and his boys are all laughing and making money hand over fist.
🚨 MASSIVE DEVELOPMENT: At least 121 EMPTY OIL TANKERS are making their way to the United States of America right now
68 of them can carry 2 MILLION BARRELS EACH.
Holy smokes! We are the world's gas station now! 🇺🇸
TRUMP: "China can send their ships to the U.S., China can send their ships to Venezuela...empty oil carrying ships from many nations are all headed to the U.S. to load up."
Harris Faulkner: "68 of those 121 vessels are very large crude carriers capable of carrying 2 million barrels apiece."
"President Trump has urged countries squeezed by Iran's disruption of the Strait of Hormuz to turn to American energy supplies instead."
"Well — it would appear perhaps they are obliging him. They are listening to Trump!" @HARRISFAULKNER
MASTERCLASS MOVE. Something tells me this was the intended outcome all along!
Iran is now a superpower 😂😂😂
Markets are going to crash when reality hits.
At first I thought perhaps a 30% drawdown.
Now I’m leaning towards 50 to 60%.
God help the unprepared.
On a more promising note:
Don’t panic; it gets much worse.
If a perfect pattern were to be put up for a global Oscar, it would be the Dollar Index. Its flawless cup and handle is the stuff textbooks are written about afterward.
Enjoy it..these are rare yet majestic in their perfect form. When spotted, embrace them, caress them… if not, at least admire them.
The Dollar Index is heading higher. 💵
Let the pattern mesmerise as price continues its climb and the full measured move unfolds.
Yours truly,
The Great Martis.✨
She's beautiful.