WSJ: UAE preparing to formally enter the war, the first Gulf state to become a combatant lobbying for a UN Security Council resolution authorising force to open the Strait of Hormuz. Emirati diplomats racing across Washington, Brussels and Tokyo. Abu Dhabi wants US troops to seize Abu Musa island. Dubai wants to mine-sweep for America. The once wannabe neutral hub of the new multipolar order volunteering to be the tip of Netanyahu’s spear.
The WSJ piece then pivots to Trump telling aides he’s willing to end the war without reopening Hormuz and leave it to other countries. The morning that story dropped, the S&P ripped 1.5% and Nasdaq climbed 2%. Oil dropped, vassals panicked and the UAE volunteered to be cannon fodder. And that’s what we call the trade.
And it has a precise anatomy by now. Fifteen minutes before Trump posted “productive conversations” with Iran on Truth Social Marfy 23, $580 million worth of oil futures changed hands in a single minute. Paul Krugman called it what it is… treason.
“We have another word for situations in which people with access to confidential information regarding national security — such as plans to bomb or not to bomb another country — exploit that …read more
Source:: Ron Paul Institute
