Originally published at: https://peakprosperity.com/daily-digest/iran-war-cripples-world-energy-flows-epstein-files-vanish-congress-subpoenas-pam-bondi/
Iran War
Military and strategic developments have continued to intensify. U.S. and Israeli bombers reportedly struck Tehran, overwhelming air defenses and causing partial power outages in the capital. The Pentagon declassified footage showing a U.S. submarine torpedoing an Iranian warship, the first torpedo kill since World War II. NATO assets reportedly intercepted and downed an Iranian ballistic missile as it traversed Iraq and Syria toward Turkish airspace, prompting Turkey to summon Iranâs ambassador and reserve the right to respond. However, Iran has indicated it did not launch the missile, prompting questions of false flags. Qatarâs air force reportedly intercepted two Iranian Su-24 bombers just two minutes from Al-Udeid Air Base while also downing other drones and missiles. Iran has signaled preparations for prolonged conflict, with U.S. strikes reportedly penetrating deeper into the country. A Western official assessed that Iran has only days left to deplete its ballistic missile arsenal at current usage rates, though it retains abundant cheaper drone options and reportedly maintains thousands of missiles in underground facilities.
Energy markets and supply chains face severe disruption. Tanker traffic through the Strait of Hormuz has reportedly dropped by 90%. QatarEnergy declared force majeure on LNG contracts after halting production at Ras Laffan following an Iranian drone strike, affecting 20% of global LNG supplyâmost of it destined for Asia. Qatar now plans a full shutdown of its LNG liquefaction plants, with sources estimating two weeks to restart operations and another two weeks to reach full capacity as the worldâs second-largest exporter. Iraq suspended production at the Rumaila oil field after Basra storage tanks reached capacity due to a lack of tanker loadings. Iran reportedly struck the Baku-Tbilisi-Ceyhan pipeline in Georgia, which supplies 30% of Israelâs oil, although pipeline operators and governments have not confirmed the attack. Separately, a tanker reportedly exploded off Kuwait in the Khor al-Zubair lightering zone, leaking oil into the Gulf. China has ordered Sinopec and PetroChina to halt diesel and gasoline exports to preserve domestic stockpiles, given that roughly half of its crude imports are at risk from the Hormuz disruptions.
Asiaâs strategic reserves are under varying degrees of pressure. Japan holds 254 days of stocks, while China faces constraints in about ten days after halting fuel exports. India has implemented 10-30% gas cuts to industry, though its petroleum minister insists the country has sufficient reserves to weather the disruptions. Pakistan and Bangladesh have far more limited reserves. Analysts warn that sequential reserve releases across the region could accelerate price surges and industrial slowdowns.
Other ripple effects continue to spread. Airlines have suspended flights over the region, rerouted around conflict zones, and reduced capacity, resulting in an 18% drop in global air cargo according to reports.
Politically, the U.S. Senate voted 53-47âlargely along party lines, with Sen. Rand Paul joining Democratsâto block a war powers resolution that would have required congressional approval for further strikes. President Trump issued an ultimatum to Kurdish leaders Masoud Barzani and Bafel Talabani, urging them to align with the United States against Iran, though Kurdish sources report that the leaders declined involvement.
Other Geopolitics
U.S. Southern Command announced joint operations with Ecuador targeting designated terrorist organizations within the country. The operations coincide with ongoing U.S. military commitments in the Middle East. Critics have described the operations as evidence of U.S. military overextension.
Russian President Vladimir Putin signed a decree setting authorized staffing for the Russian Armed Forces at 2.4 million, including 1.5 million servicemen. The figure represents a modest increase from a September 2024 cap of approximately 2.389 million personnel.
Venezuelaâs state-owned Minerven reportedly signed a contract to ship up to 1,000 kilograms of gold to U.S. refineries. The deal, brokered by Trafigura and reportedly involving Interior Secretary Doug Burgum, is valued at over $150 million. It marks the third such resource extraction agreement since the removal of Nicolas Maduro.
Epstein Files
The House Oversight Committee voted 24-19 to subpoena Attorney General Pam Bondi for a deposition on the handling of Jeffrey Epstein investigation records. Lawmakers cited the removal of tens of thousands of pages from public databases, despite requirements under the Epstein Transparency Act. Over 47,000 files totaling 65,500 pages were taken offline, including FBI interview summaries from a woman who alleged assault by Epstein and President Trump as a minor. The Justice Department described the action as removal for further review. The vote included support from all Democrats and four Republicans.
Health
Minnesota filed a lawsuit against the federal government to halt the withholding of $243 million in Medicaid funds, deferred by the Centers for Medicare and Medicaid Services over alleged fraud in high-risk services. The state argued that the freeze constitutes unlawful political punishment and sought a temporary restraining order, citing impacts on over 1 million enrollees. CMS has cited fraud concerns in the stateâs high-risk Medicaid services as the basis for the deferral.
Declassified documents reportedly link U.S. bioweapons programs to the Lyme disease outbreak. These include the 1962 deployment of infected ticks against Cuban targets and the 1966-1969 release of 282,800 radioactive lone star ticks in Virginia. Materials from scientist Willy Burgdorfer revealed suppressed research on a second pathogen, the Swiss Agent, in Lyme patient samples. Plum Island Animal Disease Center conducted open-air tick experiments near the outbreakâs epicenter in Connecticut.
Privacy & Surveillance
Mexico will require biometric registration for all 127 million cell phone numbers by July 1, 2026, linking prepaid and postpaid SIMs, including eSIMs, to the CURP Biométrica national registry. Existing subscribers have until June 30 to comply using government ID, after which non-registered lines will face suspension. Officials state the measure aims to combat prevalent cell phone fraud and extortions.
Sources
U.S. Quietly Launches Ops in Ecuador as Empire Stretches Thin
The U.S. just quietly launched military operations in Ecuador.
Putin Signs Decree Setting Russian Armed Forces at 2.4 Million Strong
Putin signed a decree setting the authorized staffing level of the Russian Armed Forces at 2.4 million
Source | Submitted by pnwdefector
US and Israeli Bombers Hammer Tehran: Defenses Fail, Lights Flicker Out
The bomber aircraft of the United States and Israel have been bombing Tehran almost continuously for several hours.
Source | Submitted by pnwdefector
House Oversight Subpoenas AG Bondi Over Missing Epstein Files
âAG Bondi claims the DOJ has released all of the Epstein files. The record is clear: they have not,â
NATO Downs Iranian Missile Targeting Turkey: Article 5 Looms
Article 5 Looming: NATO Shoots Down Iranian Ballistic Missile Fired At Turkey
Western Official: Iran Has âDays Leftâ to Deplete Missile Arsenal
The number of Iranian ballistic missile launches is declining and at current rates Tehran has only several more days of firepower from them, according to a Western official.
Qatar LNG Crisis: Force Majeure Declared as Iranian Strike Darkens 20% of Global Supply
QatarEnergy Declares Force Majeure As One-Fifth Of Global LNG Supply Goes Dark
Air Freight Rates Poised to Surge as Iran War Disrupts Key Routes
Air freight rates expected to spike as Iran war escalates
Minnesota Sues Feds Over $243M Medicaid Funding Freeze
Minnesota filed a lawsuit on March 2 to block the federal government from withholding $243 million in Medicaid funds, saying the freeze could lead to potential cuts in medical services for low-income individuals.
Mexico Ends Anonymous SIMs: Biometric Registration Mandatory for All Phones by 2026
By July 1, 2026, every active cell phone number in the country must be biometrically linked to a named, government-credentialed individual or face suspension.
Pentagon Declassifies Footage of U.S. Submarine Torpedoing Iranian Warship
Pentagon Releases Unclassified Footage of US Submarine Blowing Up Iranian Warship with Torpedo
Iran Signals Prolonged War as US Strikes Deepen, Tanker Explodes Off Kuwait
Iran begins shift toward governing for a prolonged war
Senate Votes 53-47 to Block Iran War Powers Resolution
U.S. Senate votes 53â47 to block a war powers resolution that would require congressional approval before any further U.S. military strikes on Iran.
Source | Submitted by Chris Martenson
China Halts Fuel Exports: Hormuz Crisis Triggers Global Manufacturing Meltdown
China just ordered Sinopec and PetroChina to stop exporting diesel and gasoline. Not slow them down. Stop.
Iraq Suspends Rumaila Oil Production as Hormuz Blockade Fills Basra Tanks
The downstream blockade has physically backed up into the upstream.
Trumpâs Silent Coup: Venezuelan Gold Flows to US Amid Tel Aviv Missiles
The Iran war is the headline. The resource repositioning is the strategy.
Iranâs Calculated Energy Siege: From Gulf Pipelines to Caucasus Arteries
This is beyond retaliation. This is a calculated siege.
Declassified Files Reveal U.S. Bioweapons Programâs Role in Lyme Disease Outbreak
Declassified Documents Link U.S. Bioweapons Program to Lyme Disease Outbreak
DOJ Pulls 47K Epstein Files Involving Trump Offline Amid Iran Distraction
DOJ just admitted 47,635 Epstein files involving Trump were pulled offline, while the entire world watches Iran.
Qatar Downs Iranian Bombers Two Minutes from Al-Udeid, Neutrality Ends
Qatarâs neutrality died on March 2.
Qatar to Fully Shut LNG Liquefaction Today, Sources Sayâ4 Weeks to Full Capacity
Qatar is set to fully shut natural gas liquefaction today, two sources close to the matter say.
Asiaâs Energy Cascade: 254 Days to Zero in Just Seven
The number that should terrify every energy desk in the world is not 254. It is seven.
Trumpâs Ultimatum to Kurds: America or Iran?
Choose between the United States and Iran.
In addition to sources submitted by community members, the following were also used in the creation of this report: Additional content.
