Stephen Pollard points out that Israel isn’t alone as we once thought in the Middle East: In short nobody wants a nuclear Iran

Important Takeaways:

  • How ancient hatreds are reshaping the Middle East and forging unlikely alliances. The rise of Iran – and its chilling proximity to a nuclear weapon – has driven old foes closer, explains STEPHEN POLLARD
  • The competition is strong, but for my money the most important geopolitical statement so far this year came on Monday from an obscure Israeli news site.
  • A member of the Saudi Arabian royal family had reportedly told the broadcaster Kan that, in his view, Iran had started the Gaza war by instructing its proxy group Hamas to massacre Israelis on October 7.
  • Tehran’s intention, according to this nameless royal, was to thwart the imminent normalization of diplomatic relations between Israel and the Saudis.
  • Why is that so important? Because it symbolizes the extraordinary transformation under way in the politics of the Middle East. For a Saudi royal to express such a view – that a Muslim country instigated the conflict for the purpose of spreading discord – would have been unimaginable only a few years ago. But that’s not the only way in which the winds of change are resettling alliances in this volatile region.
  • On Saturday night, the ayatollahs of Iran inflicted their first direct attack on Israel since they came to power in the 1979 revolution.
  • Allies such as the US and UK played a role in this. But they were joined by two other countries for whom defending the Jewish state would have been fanciful until recently: Jordan and Saudi Arabia.
  • For most of the time Israel has existed, Saudi, as one of the world’s leading Muslim nations and home to the holy city of Mecca, has been its implacable foe. But now it is on the verge not just of tolerating Israel but becoming an ally.
  • Similarly, back in 1967, Jordan actually invaded Israel – a disastrous move which lost it the territories of East Jerusalem and the West Bank. Yet now Jordan, too, has stood alongside Israel to protect it from Iranian bombs. This newfound co-operative spirit continues: just yesterday it emerged that both the Saudis and the United Arab Emirates had passed helpful intelligence to America to use in Israel’s defense, with Jordan further agreeing to let the US and ‘other countries’ warplanes’ use its airspace, as well as sending up its own jets.
  • One thing is clear. The rise of Iran – and its chilling proximity to a nuclear weapon – has driven old foes closer.
  • There is a logic, then, to the gradually deepening alliances between Sunni states and Israel. The Arab nations understand that while Israel has no ambitions to dominate its neighbors, Iran [the Ayatollah] seeks to control all of the Middle East.
  • In Gulf states such as the UAE, Kuwait, Bahrain and especially Saudi Arabia, the Shia threat – in other words the threat from Iran – is seen as existential.
  • It needs to be stressed that the vast majority of Sunnis and Shias would rather just get on with their lives than embroil themselves in these disputes

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Oil prices could induce a summer recession

IDF-Tanker

Important Takeaways:

  • Oil prices a ‘chief concern’ for markets after Iran attack on Israel
  • Colas estimated that a spike in oil prices pushing U.S. gasoline to $5.40 a gallon this summer would make a recession later in 2024 “a genuine possibility.” U.S. gas prices averaged $3.634 a gallon at the pump on Monday, according to AAA, at last check.
  • “Crude prices are our chief concern, but we are a long way” from $125 a barrel — a level of West Texas Intermediate oil that “would almost certainly cause a recession if sustained,” said Colas. “Gasoline prices are the transmission mechanism between Mideast conflict and the US economy: when pump prices increase quickly, consumers must cut back on other spending.”

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Middle East on brink of larger war: Prepare for higher gas prices

Man-kisses-bullet-Tehran

Important Takeaways:

  • How could Iran’s attack on Israel affect gas prices? What you should know
  • Iran, one of the world’s largest producers of crude oil, has long been engaged in a shadow war with Israel, but there have been concerns the Israel-Hamas war could become a broader regional conflict.
  • Any ripple effects on gas prices depend on the countries’ next moves and whether they seek further retaliation against the backdrop of an already raging war, said Michael Walden, Reynolds Distinguished Professor Emeritus at North Carolina State University.
  • “We’re uncertain about what’s going to happen,” he said. “And so the impacts are going to be very dependent upon what does evolve.”
  • The average price for a gallon of regular gas in the U.S. was $3.63 as of Monday, according to AAA, up almost 4 cents from a week earlier and 22 cents from a month ago. The price was down 3 cents from a year ago, however.
  • Oil benchmarks had risen on Friday in anticipation of Iran’s retaliatory assault, with prices soaring to their highest since October.
  • If you are planning a last-minute road trip, though, it may be worth going somewhere closer or putting off travel until a later date. Drivers who can take other modes of transportation, such as walking or biking, could consider that as well.

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Pandemic policing: U.S. Government plans to spend $1.2 billion on a program to prevent the next global health emergency

Joe Biden

Important Takeaways:

  • Biden administration announces new partnership with 50 countries to stifle future pandemics
  • President Joe Biden’s administration will help 50 countries identify and respond to infectious diseases, with the goal of preventing pandemics like the COVID-19 outbreak that suddenly halted normal life around the globe in 2020.
  • S. government officials will work with the countries to develop better testing, surveillance, communication and preparedness for such outbreaks in those countries, according to a senior Biden administration official who briefed reporters Monday about the program on the condition of anonymity. The official did not share a list of countries that will participate in the program.
  • The U.S. program will rely on several government agencies — including the U.S. State Department, the Centers for Disease Control and Prevention, Health and Human Services and the U.S. Agency for International Development, or USAID — to help countries refine their infectious disease response.
  • Last year, the World Health Organization declared mpox a global emergency, with more than 91,000 cases spanning across 100 countries to date.
  • The U.S. has devoting billions of dollars to the effort. Biden, a Democrat, is asking for $1.2 billion for global health safety efforts in his yearly budget proposal to Congress.

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Group of Republicans go after Bank of America for religious and political discrimination

BofA-turns-over-banking-records

Important Takeaways:

  • Bank of America accused of religious and political ‘discrimination’ by ‘de-banking’ or refusing to service Trump supporters, Christian churches and Republican-led states want answers
  • A dozen Republican-led states plan to send a letter to Bank of America demanding an explanation for why it allegedly de-banked Christian and other conservative groups.
  • The letter obtained first by DailyMail.com, led by Kansas Attorney General Kris Kobach, demands that the financial institution turn over documents related to its account cancellation policies and requested that the bank update its terms of services to not discriminate against clients with certain political or religious beliefs.
  • The notice comes after it was revealed that Bank of America sent the FBI and U.S. Treasury private consumer financial data to help the agencies investigate crimes related to the January 6 Capitol protest.
  • ‘Unfortunately, Bank of America appears to be conditioning access to its services on customers having the bank’s preferred religious or political views,’ Kobach writes in the letter to Bank of America CEO Brian Moynihan obtained by DailyMail.com.
  • ‘Your discriminatory behavior is a serious threat to free speech and religious freedom, is potentially illegal, and is causing political and regulatory backlash.’
  • The committee’s probes remain ongoing.
  • Currently, the Bank of America is the second-largest bank in the U.S., handling over $3 trillion.

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According to the Times of Israel: Israeli War cabinet decides to strike back at Iran

Important Takeaways:

  • In an unsourced report, Channel 12 claims the war cabinet has made the decision to hit back “clearly and forcefully” against Iran for its missile and drone attack on Saturday night.
  • The response will be designed to send the message that Israel “will not allow an attack of that magnitude against it to pass without a reaction,” the report says. The response will also be designed to make plain that Israel will not allow the Iranians to “establish the equation” they have sought to assert in recent days. This appears to be a reference to Iran’s warning that future Israeli strikes on Iranian territory, including its international diplomatic premises, will henceforth again be met by Iranian retaliatory strikes on Israel.

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51 aftershocks reported in New Jersey

NJ-Earthquake

Important Takeaways:

  • At least 51 aftershocks have rattled New Jersey since an earthquake hit our region more than a week ago.
  • The most recent pair of aftershocks were recorded on Friday morning in Somerset County, according to the U.S. Geological Survey.
  • On April 5, a 4.8 magnitude earthquake struck Hunterdon County, with its tremors felt across the Northeast, including in Philadelphia.

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Israel calls Iran attack a ‘declaration of War’ as Tehran summons ambassadors of UK, France, and Germany for condemning attack

Hostages-from-Israel

Important Takeaways:

  • Iran’s foreign ministry on Sunday summoned the ambassadors of Britain, France, and Germany to question what it referred to as their “irresponsible stance” regarding Tehran’s retaliatory strikes on Israel, Reuters reported, citing Iranian media.
  • The three European countries condemned Iran’s drone and missile attack against Israel, which went through Saturday night into Sunday and were in retaliation for a bombing of the Iranian consulate in Syria on April 1, which has been blamed on Israel.
  • Later, the director for Western Europe at Iran’s foreign ministry accused the three countries of “double standards”, noting they opposed earlier this month a Russian-drafted UN Security Council statement that would have condemned the alleged Israeli attack in Syria.
  • Tehran Warns Against Israeli Counterstrike, Threatens US Bases If Washington Assists
  • Just hours after the unprecedented Iranian missile and drone attack against Israel, top Iranian military leaders threatened to launch even larger attacks if the Jewish state decides to launch a counterstrike.
  • Bagheri further warned the U.S. that Iran would attack U.S. military bases in the Middle East if Washington took part in facilitating an Israeli counterstrike on Iranian soil.
  • IRGC Commander Hossein Salami indicated a shift in strategy when he stated that Saturday’s attack has created a “new equation.” He warned that Iran would launch similar attacks from its territory in response to any future Israeli military actions that threaten Iranian interests in the Middle East and beyond.
  • Israeli President Calls Iran’s Attack A ‘Declaration Of War’ Says Israel Is ‘Considering All Options’
  • While emphasizing that Israel is not seeking war, Herzog characterized the attack as a “declaration of war” and underscored the need for a firm response to Iranian aggression.
  • While expressing Israel’s restraint and ongoing dialogue with international partners, Herzog stressed that all options are being considered to address the threat posed by Iran. He reiterated that Israel’s primary objective is the protection and defense of its people and reiterated that the country is not seeking to escalate the conflict into full-scale war.

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Russian warship armed with supersonic missiles enters the Mediterranean Sea after Iran’s attack

Russian-warship

Important Takeaways:

  • Russia has called for restraint from both Iran and Israel as a wider war in the Middle East becomes a real possibility.
  • Russia has sent a navy frigate, Marshal Shaposhnikov, armed with Kinzhal supersonic missiles into the Mediterranean Sea via the Suez Canal just hours after Iran attacked Israel with hundreds of missiles and drones.
  • The Kremlin confirmed the ship’s presence in the area, adding that it will continue performing the tasks assigned to it under the expedition plan.
  • Dmitry Peskov said: “Right now it is very important for everyone to maintain restraint in order not to lead to a complete destabilization of the situation in the region, which does not exactly shine with stability and predictability.”

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IDF has updated that the full Iranian attack consisted of over 300 threats: US, UK, France, and Jordan help to defend Israel

Iran-Missiles

Important Takeaways:

  • Iran attacks Israel: No drones, cruise missiles breached Israeli airspace
  • Sirens blared across Israel on Saturday night as hundreds of drones and missiles launched from Iran reached Israel. Drones and missiles were also reportedly launched from Yemen and other countries around the region.
  • The IDF has updated that the full Iranian attack consisted of over 300 threats, of which 100 were ballistic missiles launched from Iran. Another 30 cruise missiles were launched from the Islamic Republic, along with drones. There were also two rounds of rockets, around 40 total, fired on Israel from Lebanon, with Israel responding with counterattacks in close to real-time.
  • None of the drones or cruise missiles entered Israeli airspace. IDF spokesperson Rear Admiral Daniel Hagari noted that only a small number of ballistic missiles penetrated the Jewish state’s airspace.
  • Almost all interceptions have been by aircraft, David’s Sling, or the Arrow missile systems. The Iron Dome, which defends well against Hamas and Hezbollah’s simple rockets, is less relevant for drones and fancier long-range missiles.
  • Iran confirmed that its Islamic Revolutionary Guard Corps (IRGC) had launched a missile and drone attack against Israel.
  • Israel, the US, the UK, and Jordan worked to intercept the drones and missiles over Syria, Jordan, Iraq, and Israel, according to foreign reports. France also assisted in shooting down the aerial threats.
  • The Islamic Republic’s attack comes after it accused Israel of killing top Islamic Revolutionary Guard Corps commander Mohammad Reza Zahedi on April 1, who had directed its proxy attacks on Israel in Lebanon and Syria, including being a top coordinator with Hezbollah.

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