Locator: 50108TEXAS.
New Apple products being announced today. Start with a new iPhone 17e. No streaming but can probably catch every segment on YouTube. Link here.
It's Texas Independence Day. I will be at events all day. I will try to do some blogging later, but for now, I'm off the net.
Texas' 190th birthday today.
From today:
From a couple of days ago:
Locator: 50107EPICFURY.
Operation Epic Fury tracked at tab at the top. Link here.
Operation Epic Fury and bomber issue tracked here.
Locator: 50106EPICFURY.
Early reports suggest the six crewmen ejected and survived. Condition not stated.
Why in the world was Kuwait shooting at fighters? To the best of my knowledge, Iran is not able to launch any fighters. But it does prove the effectiveness of Kuwait's air defenses.
Locator: 50105EPICFURY.
WTI: up 7.61%; up $5.10; trading just above $72, around 5:00 a.m. CT. At 7:00 a.m. CT, WTI was up 8.55%; up $5.73; and, trading at $72.75.
This was posted by Peter Zeihan on February 23, 2026. War broke out February 28, 2026.
U.S. strikes against Iran appear imminent, with two aircraft carriers being positioned in the Persian Gulf. Trump has presented Iran with negotiation terms that would effectively end Iran's status as a regional power, so it's no surprise that negotiations have stalled.
The terms laid out by Trump would end Iranian nuclear enrichment, force them to give up long-range missile capabilities, and stop supporting regional paramilitary groups. Spoiler alert: that's Iran's entire strategy and security model. Any conflict would likely start in the air, then move to targeting strategic assets like Kharg Island. Once that happens, Iran would be crippled.
Outside intervention would be unlikely, and removing Iranian oil from global markets wouldn't be the end of the world. The main concern would be destabilizing the region and risking the formation of new terror groups, although things like that take time.
Why did Trump neutralize the entire Iranian navy:
Locator: 50104BRK.
Goodwill impairment:
So much for transparency.
Obvious, why this was done at this particular time. The new CEO wants a fresh start.
My hunch: one of the other three was Kraft Heinz.
