Day: October 16, 2026

“We’re building up ammunition very, very rapidly, by the way. We’re keeping it for ourselves.

We’re getting Patriots at record levels. We’re getting Tomahawks at record levels. We’re building very quickly.”

Of course, that doesn’t say much about what Iran could continue to do to the world’s most critical energy corridors or the desalination plants that the Gulf states rely on for water.

Writer: Mhedi

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Technically, he has a point, sort of.

Averaged over his whole second term, U.S. crude has cost about $74 a barrel, a bit below Biden’s $80 and Obama’s $76.

But that average leans on cheap oil from 2025, before the Iran war blew everything up.

Right NOW, crude is sitting at around $95.

That’s $15 to $20 above both of their averages, and higher than on almost 90% of the days Biden was in office.

Gas averaged $4.33 a gallon in September, a RECORD for the month, up from about $3.16 a year ago.

And that’s what drivers actually feel at the pump. Nobody fills up their tank with a term average.

Sources: EIA, AAA / Writer: Julie
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“We regularly have contact with the Americans about the importance of having good imagery in Ukraine.

Fortunately, that has now been restored, and you can see that the Ukrainians are immediately benefiting from it.

Yesterday, I also spoke with Macron about how we, as Europeans, can provide more of these kinds of services ourselves in the not-too-distant future”