terça-feira, 28 de abril de 2026

Mali: The “Apocalypse” That Wasn’t and the Defeat Narrative that the West Needs

 

 

The coordinated offensive between JNIM and Tuareg factions that sought to create the image of a collapsed Malian state was quickly dismantled despite the doomsayers and analysts of the “official” narrative of the Western machine.

 

Beto Cremonte
April 27, 2026 

The coordinated offensive between JNIM and Tuareg factions, which sought to create the image of a collapsed Malian state, was quickly dismantled despite the doomsayers and analysts of the “official” narrative of the Western machine.

What did happen, and what many analysts chose not to see (and/or to hide), was a swift and coordinated response from Malian forces, who continue to demonstrate the path of breaking with the old scheme of French tutelage that both Mali, as well as the other AES countries, are willing to pursue beyond attacks like those of April 25, revealing something deeper: it is not only the control of the territory that is being disputed, but the very meaning of what is happening in the Sahel.

The truth is that in the final hours of April 25, jihadist and Tuareg separatist groups launched a coordinated offensive against Bamako, Kati, Gao, and Kidal with an objective that went beyond the strictly military: it wasn’t simply about striking state positions, but about establishing, in real time, the idea that Assimi Goïta’s government had lost control of the country, as has been happening almost systematically in this region. We cannot ignore the events of late 2015 when the Western press announced the fall of the Malian government to JNIM, due to the blockades of the access routes to Bamako. This attack also follows that same logic: “the symbolic dimension of the attack.” Something that today is as important as its execution on the ground. In the Sahel, the struggle for narrative and meaning is played out every day.

What is also true, and what few have mentioned, is that the Malian Armed Forces (FAMa), with the support of their allies and in coordination with local intelligence networks, managed to contain and reverse the attacks in a matter of hours in the main urban centers. However, while this response was beginning to unfold, much of the international media machine had already begun to construct a different narrative: that of an overwhelmed state, incapable of maintaining internal order after its break with traditional security models in the region.

The concrete facts were that in the early hours of April 25, Mali awoke under attack. Simultaneously, Jama’at Nasr al-Islam wal Muslimin (JNIM), Al-Qaeda’s affiliate in the region, and the Azawad Liberation Front (ALF), a coalition of Tuareg separatist groups, launched operations in Bamako, neighboring Kati—where the presidential residence is located—and strategic northern cities such as Gao, Kidal, Sévaré, and Mopti. The offensive combined attacks with high symbolic impact, acts of harassment, and the rapid spread of content on social media, which amplified the perception of a lack of control.

Within hours, the event ceased to be merely a military episode and transformed into a narrative phenomenon. Before a clear picture of the situation on the ground was even available, reports were circulating of cities “seized,” critical infrastructure under attack, and a government on the verge of collapse. This sequence—first interpretation, then verification—is not a minor detail: it is a constitutive part of how the meaning of conflicts is constructed today. Western media coverage and its local spokespeople, the same ones who systematically celebrate any setback suffered by sovereign governments in the Sahel, were quick to label the situation a “government overwhelmed” and a “failure of Russian support.” Social media was flooded with hasty analyses, armchair pundits announcing Goita’s imminent fall and the end of the anti-colonial experiment in Mali.

The swift Malian military response

Far from the collapse predicted in the early hours, the Malian state’s response began to take shape more clearly as the day progressed . The army itself confirmed that “armed terrorist groups” had attacked positions in Bamako and other key cities, stating that its forces were “committed to eliminating the attackers” and regaining control of the affected areas.

That fact is not insignificant. Because while the initial narrative spoke of fallen cities and an overwhelmed state, the official statements themselves indicated something else: active clashes, military deployment, and, hours later, the assertion that the situation was under control at the main strategic points.

The attacks were indeed of an unusual magnitude. It was a coordinated offensive that reached Bamako, Kati, Gao, Sévaré, and Kidal simultaneously, something that even international sources described as one of the most extensive episodes in recent years.

However, this scale did not automatically translate into sustained territorial control. The attacking groups’ own claims—such as the alleged capture of Kidal or positions in Gao—could not be independently verified in the short term, reinforcing the idea that, alongside the military offensive, a media campaign was deployed.

Another element that cannot be overlooked in this response capacity is Bamako’s current security strategy, which includes cooperation with Russian actors, has altered the operational dynamics compared to previous phases. The presence of these allies did not prevent the offensive, but it did form part of the mechanism that allowed for the containment of attacks in sensitive areas, such as the capital and its immediate surroundings, where the defense of key facilities against the advance of armed groups was even reported.

This point is key to organizing the analysis: the offensive existed, it was broad and coordinated, but it failed to consolidate a scenario of immediate state collapse, or even a sustainable narrative. The difference between initial impact and actual outcome is precisely the space where interpretations are constructed. For us, there are no such interpretations; as committed communicators, we cannot echo them and can only refer to the events as “information in progress” or “ongoing conflict,” thus disclaiming the responsibility of providing concrete information.

The battle for meaning involves us all

If the events of April 25th made anything clear, it wasn’t just the operational capacity of the armed groups or the response of the Malian state, but the speed with which a dominant interpretation is constructed before the events have even finished unfolding. Within hours, the offensive had already been interpreted as a symptom of state collapse, even as fighting continued and the situation on the ground was far from stable.

This mechanism is not new, but it takes on a particular intensity in the Sahel. The combination of poorly verified initial sources, rapid replication on social media, and a pre-existing interpretive framework—which tends to read the region’s political processes through the lens of failure—produces a concrete effect: it establishes perceptions that are then difficult to reverse, even when the unfolding events do not confirm those diagnoses.

What happened in Mali fits precisely into this logic. Initial claims about the “capture” of cities like Kidal or Gao circulated widely, but could not be independently verified in the short term. However, this fact—the lack of confirmation—received far less attention than the original version. In other words, the first narrative didn’t need to be verified to take hold; it was enough for it to be plausible within an already established framework.

This is where the media dimension of the conflict ceases to be an incidental element and becomes a central battleground. It’s not just about reporting what is happening, but about defining what is happening. And in this arena, each episode is quickly absorbed by pre-existing interpretations: the advance of an armed group becomes proof of state weakness, while the government’s response is interpreted as a defensive reaction, never as effective control.

This asymmetry does not necessarily imply conscious coordination among media actors, but it does reveal a pattern. For years, the Sahel has been a space where external diagnoses are projected that often fail to engage with internal dynamics. Within this framework, any episode of violence tends to reinforce an already established narrative: that of states incapable of maintaining sovereignty without external oversight.

However, the events of April 25th introduce nuances that this interpretation fails to fully capture. While the offensive demonstrated the persistence and coordination capabilities of armed actors, it also revealed that the Malian state—despite its limitations—retains the capacity for reaction, deployment, and recovery within relatively short timeframes.

The tension between these two elements —the persistence of the threat and the capacity to respond— is often overshadowed by the need to quickly frame the facts in closed categories.

And it is at that point that the question ceases to be what happened in Mali, and becomes how to interpret what happened.

JNIM and the Tuareg, the local offensive

 “Terrorism in Africa does not arise from a vacuum: it is the most effective tool of contemporary neocolonialism.”

A particularly relevant element of the April 25 attacks was the coordination between Jama’at Nasr al-Islam wal Muslimin (JNIM) and Tuareg separatist groups affiliated with the Azawad Liberation Front (ALF). This convergence, which manifested itself in simultaneous operations and shared objectives, is not entirely new, but it does expose more clearly a tension that is difficult to conceal: the coexistence of agendas that, in political and ideological terms, operate according to different logics.

On the one hand, JNIM is part of a regional jihadist structure with historical ties to networks associated with Al-Qaeda. Its objective is not the territorial autonomy of a specific region, but rather the construction of an order based on a strict interpretation of armed political Islam. Its expansion in the Sahel over the last decade has relied both on state weakness and on its ability to insert itself into local conflicts, adapting its rhetoric to the specific demands of each territory.

On the other hand, the Tuareg movements—with a long history of rebellions in northern Mali—have articulated, with different variations over time, demands related to autonomy, political recognition, and the distribution of resources in regions historically marginalized by the central government. From the insurrections of the 1990s to the proclamation of the short-lived State of Azawad in 2012, these demands have undergone processes of negotiation, fragmentation, and co-optation.

The alliance between the two actors, therefore, does not stem from a shared political identity, but rather from a tactical logic. Faced with a scenario in which neither side can individually impose its will on the Malian state, this convergence allows them to amplify their operational capacity, coordinate attacks, and generate simultaneous impacts across different parts of the territory.

However, this same alliance contains its own weakness. The overlapping agendas—religious in one case, territorial in the other—limits the possibility of building a homogeneous and sustainable political base. In fact, in previous experiences, coexistence between jihadist groups and Tuareg movements led to tensions, ruptures, and even internal conflicts when strategic objectives began to diverge.

This point is crucial to avoid oversimplification. The April 25th offensive cannot be understood as the expression of a cohesive insurgent bloc, but rather as the manifestation of a circumstantial convergence between actors who share a common enemy, but not necessarily a compatible political project.

Added to this is another key element: the relationship with local populations. While the historical claims of Tuareg groups find some degree of legitimacy in certain northern regions, the presence of jihadist structures has, in many cases, been resisted by communities that have suffered their actions, particularly with regard to the imposition of social norms and violence against civilians.

This tension between local legitimacy and armed capacity introduces an additional layer of complexity. While the alliance may bolster military action in the short term, it also hinders the development of broad social support, a necessary condition for sustaining any kind of territorial control beyond the initial impact of an offensive.

In this context, presenting this convergence as a “unified revolution” or as the linear expression of a popular insurrection not only simplifies the scenario, but also obscures the internal fractures that run through these actors.

And it is precisely in these fractures where many of the future dynamics of the conflict are played out.

France, Ukraine and the reconfiguration of the war in the Sahel

This latest terrorist offensive in Mali cannot be understood outside the context of the geopolitical dispute that has gripped the Sahel since the rupture between Bamako and Paris. Mali faces not only an internal armed threat; it also faces the consequences of having broken down an architecture of dependency built over decades around French military tutelage, regional subordination, and external security management.

This shift did not occur in a vacuum. France announced in February 2022 the withdrawal of its forces from Mali, including Operation Barkhane and the European force Takuba, after years of political, military, and social deterioration of its presence in the country. The key point is that this withdrawal did not signify the disappearance of French interests in the region, but rather their realignment. Paris lost bases, lost privileged interlocution, and lost direct command capacity, but it did not lose the will to exert influence over a region it had considered for decades part of its strategic African reach.

This sheds light on the importance of the narrative. If Mali is portrayed as a failed state, if the break with France is presented as the direct cause of the chaos, then the old colonial system is vindicated by contrast: “with us there was order, without us there is terrorism.” That is the underlying political strategy. It doesn’t need to be stated explicitly; it suffices to repeat time and again that the deterioration began when Bamako decided to change its allies.

But historical data casts doubt on that version. The jihadist insurgency didn’t begin with Assimi Goïta, nor with the withdrawal of France, nor with the arrival of Russian advisors. Mali has been embroiled in open conflict since 2012, and for much of that period the country was under a heavy Western military presence. Operation Barkhane itself began in 2014 as a continuation of Operation Serval, with the stated objective of combating groups linked to Al-Qaeda and the Islamic State in the Sahel. However, almost a decade later, these groups had not only failed to disappear, but had extended their reach into central Mali, Burkina Faso, and Niger.

Therefore, the question cannot be phrased in a deceptive way. It is not a question of whether Mali is currently experiencing a serious security situation, but rather who created the conditions for that situation and why the same actors who failed for years to contain the jihadist expansion now seek to present themselves as judges of Mali’s new direction.

Ukraine also appears on this chessboard, not as a central actor in the Sahel, but as a piece in a globalized war that is no longer being fought solely in Eastern Europe. The events of 2024 are key. Following the fighting in Tinzaouaten, near the border with Algeria, Mali broke off diplomatic relations with Kyiv after a spokesperson for Ukrainian military intelligence made statements that Bamako interpreted as an admission of intelligence support for the groups that had inflicted heavy casualties on the Malian army and its Russian allies. Niger then took a similar step, citing the same accusations.

That episode must be treated with precision: Ukraine denied direct involvement, and the Tuareg rebels also denied receiving outside support. But the very existence of these statements, the diplomatic reactions of Mali and Niger, and the use of the Sahel as an indirect battleground in the confrontation between Russia and Ukraine show that the Malian conflict can no longer be confined to a purely local interpretation.

In this context, Russian collaboration functions as more than just military support. For Bamako, Moscow represents the possibility of breaking the Western monopoly on African security. This relationship is not without costs, contradictions, or limitations—as Tinzaouaten starkly demonstrated—but it is part of a sovereign decision: to seek other partners after years of French failure. Reducing this decision to “Russian dependence” is a convenient way of denying Malian political agency.

What is at stake, then, is not merely the effectiveness of a military apparatus. It is the right of an African state to define its alliances without seeking authorization from the former colonial power. This is why every attack against Mali is met by certain sectors with an almost celebratory anxiety: if Bamako fails, the hypothesis that the Sahel can operate independently of French tutelage also fails. And if that hypothesis fails, the old neocolonial order can present itself not as domination, but as a necessity.

That is the true backdrop to the offensive: JNIM and the FLA are firing on military positions, but the Western narrative is firing on a much deeper political idea. The idea that Mali, with all its difficulties, has the right to rebuild its security, its alliances, and its national destiny outside the molds imposed from Paris, Brussels, or Washington.

Far from the hasty pronouncements that declared imminent collapse, what has transpired in Mali in recent hours reveals something more unsettling for those who need to confirm the notion of a Sahel doomed to failure: Mali not only withstood a coordinated offensive on multiple fronts, but did so within a context of profound reconfiguration of its alliance system and under constant pressure, both military and narrative. This does not negate the structural weaknesses of the Malian state nor the persistence of the armed threat, but it compels a re-evaluation of a diagnosis that is often based more on prejudice than on evidence.

In this sense, the real battleground is not only the military, but the political. Because if each offensive is used to confirm that African sovereignty processes are unviable without external tutelage, then the conflict ceases to be a security issue and becomes a tool of control. Mali, with all its contradictions, is attempting a break with this system. And this decision—more than any specific battle—explains the intensity with which narratives of defeat are being promoted.

Perhaps that’s why, rather than asking who won a specific confrontation, it’s more worthwhile to observe what manages to endure over time. And that’s where, despite the usual doomsayers, a fact emerges that’s hard to ignore: the Malian state remains standing, maintains its capacity to respond, and continues to redefine its place in a transforming regional landscape. This is no small feat in a region where, for years, it was accepted that the only possible stability had to come from outside.


Beto Cremonte, Editor-in-Chief at PIA Global, specializing in the African continent. International geopolitical analyst. Professor of Social Communication and Journalism, graduate of the National University of La Plata (UNLP), with a degree in Social Communication from UNLP. Advanced student in the Higher Technical University Program in Public and Political Communication, Faculty of Political and Social Sciences, UNLP.

Source: https://libya360.wordpress.com/2026/04/27/mali-the-apocalypse-that-wasnt-and-the-defeat-narrative-that-the-west-needs/ 

domingo, 19 de abril de 2026

Blockading the blockade



When you can’t open a door, board it up and call it strategy

Arleigh Burke was an American admiral in World War 2. Decorated, brilliant, the kind of naval officer they name things after. They named an entire class of destroyer after him – the DDG-51. It’s the workhorse of the US Navy, the ship that does the actual work while aircraft carriers pose for photographs. There are currently about 15 of them within striking distance of the Strait of Hormuz.

I want you to remember that name, because before this blockade is over, an Arleigh Burke might be the most important ship in the world.

Or the most famous wreck.

Two blockades now sit on top of each other in the same 33-kilometre waterway. Iran has been running one since the start of the war. The US just stacked a second one on top, targeting Iranian ports specifically, as of 10 AM Eastern on Monday. The president wants you to believe this is checkmate. The Foundation for Defence of Democracies wants you to believe Iran folds in 13 days.

I’ve been covering this war daily since it started. The Bretton Whoops, Straight to Brrrr, and 20-something wrap-ups.

I’ve watched every escalation get framed as the move that finally ends it.

This one is no different in that respect.

But it is different in another, and it took me a while to put my finger on why: this is the first time the US has voluntarily made the problem worse in order to claim it’s making it better.

Trump posted on Truth Social that the US Navy would blockade “any and all Ships trying to enter, or leave, the Strait of Hormuz”. CENTCOM, as it does, translated the president’s rhetoric into something operationally coherent: the blockade applies to ships entering or exiting Iranian ports, not the entire strait. Ships heading to Dubai, Kuwait, Bahrain, Qatar – those are technically unaffected.

The gap between the presidential post and the military order is an ocean.

Literally.

Iran’s blockade was never total either. Chinese tankers have been transiting since day 1. Indian vessels negotiated passage. Pakistan escorted its own ships through with Chinese-built frigates. Malaysia got a waiver. Spain got through. Turkey got through. The strait wasn’t closed. It was a members-only club, and the membership criteria was not being allied with the people who started the war.

So now the US is running its own members-only club on top of Iran’s members-only club.

Two bouncers, same door, opposite guest lists.

 

The bullish case for this comes primarily from one man: Miad Maleki, a senior fellow at the Foundation for Defence of Democracies and former US Treasury sanctions official. Boris Schlossberg walked through Maleki’s numbers on Twitter, and I want to give the analysis its due before I take it apart, because the mechanics are genuinely sharp.

90% of Iran’s $109.7 billion in annual seaborne trade passes through the Persian Gulf. Oil and gas account for 80% of export earnings. Iran was exporting roughly 1.5 million barrels per day at wartime prices, pulling in about $139 million daily. A blockade zeroes that out overnight. Add petrochemical exports at $54 million a day. Non-oil exports at $88 million. Total damage: approximately $435 million per day.

$13 billion a month.

Then the storage clock. Iran has roughly 50-55 million barrels of onshore capacity, about 60% full. Spare room for maybe 20 million barrels. At 1.5 million barrels per day that can no longer leave the country, storage fills in approximately 13 days. After that, Iran has to shut wells down.

This is where Schlossberg got excited, and I understand why. Shutting a mature oil well isn’t like turning off a tap. Reservoir pressure drops. Water intrusion begins. The geological structures that hold crude in place start to degrade. Maleki estimates forced shut-ins could permanently destroy 300,000 to 500,000 barrels per day of capacity. Not sanctioned or frozen. Destroyed. $9-15 billion per year in revenue, gone forever, because the rocks just do rocky stuff.

Add a rial, already in freefall – even before the war, with capital control limits of $20 per day. Maleki projects here a further 50% decline, pushing annual inflation past 120%. Lenin gets quoted. Currency debauched, economy destroyed, civil unrest, regime change. All in 13 days. Because we didn’t think of that the last 44.

Clean. Elegant. And damn persuasive.

This think tank has been advocating this exact policy for longer than most of its current analysts have had LinkedIn accounts. They wanted this blockade. Argued for it. Provided the numbers that made it sound surgical and inevitable. When the people who designed the policy also produce the analysis saying it will work, I reach for the salt.

Maybe I’m wrong. Maybe the spreadsheet is right and Iran buckles in 2 weeks. But I’ve been watching this war for some time now, and the spreadsheets have been wrong every single time.

The US does not have the ships to enforce this blockade. Not the ships, not the aircraft, and not the bodies. The area is too large, the coast too dangerous, the targets too dispersed, and the one country buying 90% of the oil is a nuclear power the US cannot afford to confront.

So here’s my take on what I think will actually happen.

I see 6 scenarios for the next few weeks. They’re not mutually exclusive – several can and probably will overlap, cascade, or combine in ways that make all of them worse. Think of them less as predictions and more as the lanes this thing can drift into. I’ve also assigned rough probability scores for each.

Scenario 1: the FDD dream. ~5%.

Everything works. The 13-day clock ticks, the wells shut, the rial collapses, the IRGC fractures internally, Iran returns to the table with real concessions. Hormuz reopens on American terms. Oil drops. Trump declares victory before the midterms. In CAPS. And likely bolded.

This requires the dark fleet to fail, China to stand down, every NATO ally to suddenly reverse their refusal to participate, and the IRGC to behave differently than it has for 45 years. It requires Iran – a country that has survived revolution, war with Iraq, mass uprisings to fold in 2 weeks because a spreadsheet says so.

I have it at 5% because I can’t quite bring myself to write zero.

Scenario 2: the forever war. ~30%.

Nobody folds. The blockade becomes a new layer of friction on top of all the existing frictions. Oil stays above $100 for months. The dark fleet keeps running. De-dollarisation accelerates one tanker at a time. Europe enters recession. Asia scrambles.

Netanyahu gets his real prize: the war itself.

His corruption trial stays frozen under the wartime emergency framework. The Lebanon ground operation proceeds under cover of “wartime necessity”. Hezbollah is degraded. The process is the product. The only other winners are Russia, whose oil revenues skyrockets, and the US shale producers, who cannot believe their luck.

This is the default. The thing that happens when none of the more dramatic scenarios trigger. It’s the most likely single outcome, and it is the one nobody planned for and nobody except Netanyahu actually benefits from.

I keep thinking about that. The most probable result of American foreign policy is an outcome that primarily serves a man under indictment in his own country, whose trial cannot resume while the war continues, who personally called Trump 12 times during the Islamabad negotiations. Vance spoke to Netanyahu at least once during peace talks with Iran.

I’m not editorialising.

That actually happened.

Scenario 3: the rope-a-dope. ~15%.

Iran absorbs the hit.

The dark fleet delivers. China keeps buying. Iran has 174 million barrels sitting in floating storage right now – 158 million crude, the rest products – and over 90% of it is bound for China via tankers with their AIS transponders switched off, sailing under opaque ownership, already at sea and beyond the reach of any port blockade. A port blockade cannot reach oil that already left the port. I feel like this should be obvious, but apparently it needs saying.

The Jask terminal on the Gulf of Oman – Iran’s only export facility that bypasses the strait entirely – has a pipeline capacity of 1 million barrels per day. In practice it moves about 81,000. It is not good enough. But it doesn’t need to be. Iran’s war aim was never about exporting at pre-war volumes. Iran’s war aim is survival plus a toll system. Survival plus yuan-denominated maritime commerce as precedent. Survival plus the narrative that writes itself: “they came at us with the full spectrum of American military power and we’re still here”.

Iran has been doing this for 45 years. The rial has collapsed before. Inflation has hit triple digits before. The regime survived. I find it genuinely difficult to explain why 2 weeks of a naval blockade accomplishes what decades of sanctions, a revolution, and mass uprisings could not.

Maybe it does. I don’t see how. But maybe.

Scenario 4: the burning destroyer. ~20%.

Remember the Arleigh Burke.

The USS Abraham Lincoln learned in March what happens when you get close to Iran. The carrier strike group pushed to within 210 miles of the coast and was forced to retreat to roughly 700 miles after Iranian missiles and drones came visiting. It is currently sheltering near Salalah, Oman, tucked behind coastal mountain ranges.

Then the Ford had a “laundry fire” in the Red Sea.

Requiring three weeks of repairs. On a nuclear-powered aircraft carrier designed to survive direct hits. A laundry fire. I don’t know what kind of laundry the US Navy is doing on that ship, but they should probably switch detergent. Maybe one that doesn’t leave blast patterns.

Larry Johnson, former CIA, counts exactly 7 US ships in theatre capable of launching helicopters for boarding operations. Seven ships covering an area the size of Western Europe, operating 700 miles from a coast they can’t approach because the last ship that tried is now sitting more than 1,000 km away.

Will Schryver: Admiral Stavridis himself – CNN’s favourite retired admiral – says enforcing this blockade properly requires 2 carrier groups, 20+ destroyers, frigates, Arab naval participation, both Marine Expeditionary Units, the 82nd Airborne, and most of America’s special operations forces.

The US has about half of that.
I’m being generous.

And what’s waiting for them? Iran spent 25 years building the answer to this exact question. Hundreds of fast attack boats with anti-ship missiles. Hundreds of unmanned surface drones. Thousands of ballistic missiles. Stealthy mini-submarines. MANPADs. Homemade, Chinese and Russian. Remote-controlled mines sitting on the sea floor waiting for a signal. Real-time satellite intelligence fed by China. Their entire coastal defence architecture was designed for exactly this scenario: the world’s most powerful navy trying to operate within range of land-based systems in a narrow waterway.

Iran wants this fight. I cannot stress this enough. This is not a contingency they’re scrambling to respond to. This is the exam they’ve been studying for since 1997.

Now add the boarding problem, which I haven’t seen anyone discuss. Every tanker leaving an Iranian port from now on could have 50 soldiers aboard. Sounds like a lot until you do the maths: 25,000 people across 500 tankers. On a million-strong military, that’s a rounding error. Add a few MANPADs and suddenly every helicopter approach is a potential shootdown. When the tankers clear the theatre, soldiers swap back to returning vessels and cycle home.

Rinse, repeat. Iran just turned every oil tanker into a floating garrison at effectively zero strategic cost. The US has to treat each one as a potential combat engagement. Iran has to pack a bag and ride a boat.

So picture it. A drone or anti-ship missile hits a heli, boarding craft or even a destroyer during a boarding attempt. Footage goes global within minutes. 92% of Americans already want this war over. America’s tolerance for visible losses is essentially zero. The political cost would become unbearable overnight.

This doesn’t end the war cleanly. It ends the blockade, and cascades into scenario 3 or 5.

Scenario 5: the China test. ~15%.

This might be the most important one. It’s also, perversely, the cheapest move anyone on the board can make.

A US destroyer orders a COSCO VLCC to heave to. COSCO is a Chinese state-owned enterprise, one of the largest shipping conglomerates on earth. The Cospearl Lake and Yuan Hua Hu transited the strait this week, heading east toward Zhoushan.

China has almost no reason not to test this. Think about the asymmetry. The cost of sending one VLCC through the blockade zone is approximately one VLCC. The return is either: the US boards a Chinese state-owned vessel, and China gets to play the aggrieved defender of international commerce on every screen in the Global South, one month before a presidential visit to Beijing. Or the US doesn’t board it.

And the blockade dies on day 1.

China doesn’t need to escalate. Doesn’t need to send warships. Doesn’t need to threaten. They just need to drive through and see what happens. It’s possibly the cheapest geopolitical power projection available to anyone in the world right now. One tanker, one transit, and either America blinks or America starts a second war with an actual nuclear power while their current war is already not going particularly well.

Then there’s the toll verification problem Trump hinted at – which is so absurd I had to read it twice. He posted that the Navy will “seek and interdict every vessel in International Waters that has paid a toll to Iran”. Those tolls are paid in Bitcoin, yuan, or USDT on the Tron blockchain. 3-second settlement. No SWIFT record. No paper trail. No invoice. The IRGC is running a maritime toll system with better payment infrastructure than most European governments, and the US Navy is going to… check receipts? Ask the captain to please open his crypto wallet?

The Elpis – a Comoros-flagged tanker already sanctioned in 2025 for handling Iranian petroleum – appears to be testing the blockade as I write this. Shadow fleet vessels have nothing to lose. They’re already sanctioned, already uninsured, already outside every Western compliance framework. You cannot threaten someone with consequences they’re already living under. “We’ll sanction you!” Great. They’re sanctioned. “We’ll seize your cargo!” It’s bound for China. Good luck with that phone call.

 


There’s another theory floating around – Jiang Xueqin in conversation with Glenn Diesen – that the Hormuz blockade isn’t even the real play. That the real play is the Strait of Malacca. Blockade Malacca, force Asia to buy North American energy, write off West Asia and Europe.

I’m not sure I buy it.

The US doesn’t have the fleet for Hormuz, let alone Hormuz and Malacca.

But the fact that serious people are hunting for a logic to this that doesn’t reduce to “they ran out of options” tells you something about the quality of the options.

Scenario 6: the Houthi wildcard. ~15%.

CNBC International@CNBCi

There needs to be ‘real peace’ — not just a cease-fire in the Israel-Hamas war, said Trita Parsi of think tank the Quincy Institute

8:00 AM · Nov 24, 2023 · 971 Views

Trita Parsi at the Quincy Institute laid this out on CNBC.

If the blockade hardens and Iran is visibly suffering, the Houthis could reactivate Red Sea operations in solidarity. Bab al-Mandeb closes alongside Hormuz.

That is 20% of global oil flow plus 12%. Simultaneously offline.

Oil at $200. Global recession isn’t a risk at that point. It’s simple arithmetic. The fertiliser crisis becomes a true famine. Senator Mark Warner asked CBS: “How is that going to ever bring down gas prices?”

Gas is at around $4.25 nationally. Diesel at $5.64. Trucking at $2.97 per mile. March CPI energy component was up 10.9% in a single month. Gasoline CPI printed +25% month-on-month, the first time that’s happened in 59 years.

The midterms are in November.

Add the probabilities up and you notice something. The scenario USrael planned for – the one where Iran folds in 13 days and everyone goes home – sits at about 5%. The scenarios they didn’t plan for, or chose not to think about, or assumed wouldn’t happen because the spreadsheet said 13 days, make up the other 95%.

And the single most likely outcome, the forever war at 30%, is one that primarily benefits a man whose corruption trial cannot resume while the war continues.

I keep coming back to that. The architecture of this conflict increasingly looks like it was not designed to be won. It was designed to not end.

The blockade is not genius. Genius would have been not starting this war in the first place, when the strait was open and oil was $70.

But it’s not pure desperation either. It is something more familiar.

It’s the thing America does when it has exhausted every option except the one that requires admitting the original plan failed.

Go big – and not go home.

So you blockade the blockade, and you pray to the spreadsheet god.

 

Source: https://www.theburningplatform.com/2026/04/15/blockading-the-blockade-2/ 

The insider trading suspicions looming over Trump's presidency



Nick Marsh
April 20th

Throughout US President Donald Trump's second term in office, traders have been betting millions of dollars just before he makes major announcements.

The BBC has examined trade volume data on several financial markets and matched them to some of the president's most significant market-moving statements.

It found a consistent pattern of spikes just hours, or sometimes minutes, before a social media post or media interview was made public.

Some analysts say it bears the hallmarks of illegal insider trading, whereby bets are made by people based on information that is not available to the general public.

Others say the picture is more complicated and that some traders have become more adept at anticipating the president's interventions.

Here are five of the most significant examples.

9 March 2026: 'The war is very complete, pretty much'

Some of the biggest movements have been in oil trades on the futures market.

Nine days into the US-Israel war with Iran, Trump told CBS News in a phone interview that the conflict was "very complete, pretty much".

 

 

  • 18:29 GMT: Oil bets surge

  • 19:16 GMT: Trump says war is nearly complete

  • 19:17 GMT: Oil drops by 25%

The first time the public would have known about the interview was at 15:16 Eastern Time (19:16 GMT) when the reporter posted about it on X.

Oil traders reacted to this news that the conflict could end much sooner than expected by selling oil, with the price plunging by around 25%.

However, market data shows a huge surge of bets were placed on the price of oil falling at 18:29 GMT - a full 47 minutes before the reporter's post.

The traders who placed those bets will have made millions of dollars from the movement in oil prices.

23 March 2026: 'Complete and total resolution to hostilities'

On 23 March, just two days after threatening to "obliterate" Iran's power plants, Trump posted on Truth Social that Washington had held "VERY GOOD AND PRODUCTIVE CONVERSATIONS" with Tehran over a "COMPLETE AND TOTAL RESOLUTION" to hostilities.

It was a major surprise to diplomatic observers and to traders.

 


  • 10:48-10:50 GMT: Oil bets surge

  • 11:04 GMT: Trump posts about "total resolution" to hostilities

  • 11:05 GMT: Oil drops by 11%

Immediately, stocks rose and the US benchmark price of oil - which had been climbing - fell sharply.

As the BBC reported at the time, 14 minutes before the president's post there were an unusually high number of bets on the US oil price.

The same pattern was seen in traders buying contracts for Brent crude, the other major oil benchmark.

The trades appeared "abnormal, for sure," one oil analyst told the BBC at the time.

9 April 2025: 'Liberation Day' pause

Away from the war in the Middle East, there are other examples of trading activity that have raised eyebrows.

On 2 April last year, Trump announced what he called Liberation Day - a sweeping set of tariffs on goods from practically every country in the world.

Stock markets around the globe plunged.

But a week later when Trump announced a 90-day "pause" on the levies for all countries, except China, stock markets soared.

The benchmark S&P 500 index jumped by 9.5% - one of its largest single-day gains since the Second World War.

  • 18:00 BST: Traders start making big bets on stock market going up

  • 18:18 BST: Trump announces tariffs pause

  • 18:19 BST: Stock market begins historic surge

Again, a pattern of unusual trading preceded these events with an unusually high number of bets ahead of the announcement on one fund that tracks the S&P 500.

The number of contracts traded jumped to over 10,000 per minute just after 18:00 BST. Earlier in the day the number had been in the hundreds.

Some traders bet over $2m on the stock market increasing that day, even though it had gone through seven days in a row of losses. The huge surge could have generated them a profit of almost $20m.

Later that week, several senior Democrats in the US Senate wrote to the Securities and Exchange Commission (SEC) urging the financial regulator to investigate whether the president's announcements "enriched administration insiders and friends at the expense of the American public".

When asked by the BBC whether it had looked into these allegations, a spokesman for the SEC declined to comment.

The White House, meanwhile, did not respond to a BBC request for comment on any of the unusual trading activities analysed in this report.

3 Jan 2026: Maduro seized

 
One user won $436,000 betting on Nicolás Maduro being out of office by the end of January
 

  •  Dec 2025: Burdensome-Mix account created

  • 2 Jan 2026: Account puts $32,000 on Maduro being ousted

  • 3 Jan 2026: Maduro is seized and Burdensome-Mix wins $436,000

The recent growth of online predictions markets has also drawn scrutiny from observers.

Blockchain-powered platforms such as Polymarket and Kalshi offer users the chance to speculate on anything from the weather to baseball to US foreign policy.

President Trump's son, Donald Trump Jr, is an investor in Polymarket and sits on its advisory board. He also acts as a strategic advisor to Kalshi and has been contacted by the BBC for comment.

In December 2025, one user created an account on Polymarket called Burdensome-Mix. On 30 December, it placed its first bet on Venezuela's President Nicolás Maduro being out of office by the end of January 2026.

Between 30 December and 2 January Burdensome-Mix placed a total of $32,500 on the position.

When Maduro was seized by US special forces and ousted the following day, Burdensome-Mix won $436,000.

Shortly afterwards, the account changed its username and has not placed any bets since.

28 Feb 2026: Strikes on Iran

  • Feb 2026: Six accounts created on Polymarket

  • 28 Feb: Accounts win $1.2m between them

According to the blockchain analysis website Bubblemaps, six accounts were created on Polymarket in February.

All placed wagers on a US strike on Iran happening by 28 February. When the attacks were confirmed by President Trump in the early hours of that day, the accounts earned $1.2m between them.

Five of those six users have placed no more bets since, but one of the account's recent activity, external shows it has subsequently made $163,000 by correctly betting on a US-Iran ceasefire by 7 April, which was announced by Washington and Tehran on that day.

Polymarket told the BBC it "sets, maintains, and enforces the highest standards of market integrity", adding that it "proactively" works with regulators and law enforcement to do so.

In March this year, both Polymarket and Kalshi outlined new rules to crack down on insider trading.

Predictions markets come under the jurisdiction of the Commodity Futures Trading Commission (CFTC).

The CFTC did not respond to a BBC request for comment, but its chair recently told a Congressional committee that his organisation had "zero tolerance" for fraud and insider trading.

It has also surfaced that the White House sent an internal email to staff last month, warning them not to use insider information to place bets on predictions markets.

Spokesman Davis Ingle told the BBC at the time that "any implication that Administration officials are engaged in such activity without evidence is baseless and irresponsible reporting".

Hard to prove

Insider trading has been illegal for most Americans since the Securities Act was passed in 1933.

It was extended to cover US government officials in 2012, although to date no-one has been prosecuted under the law.

Paul Oudin, a professor who specialises in financial regulation law at the ESSEC Business School, says the rules are difficult to enforce.

"The financial authorities will not carry out a prosecution if they can't figure out who the source of information is," says Oudin.

None of the US financial authorities contacted by the BBC acknowledged any of the allegations of insider trading.

"You can have massive trades on a financial instrument that clearly show that someone was privy to what Donald Trump was about to declare," says Oudin.

"Yet there is a strong chance that no-one will be prosecuted," he adds.

 

 Trump and his billionaire friends use Iran war for insider trading:  

 

Source: https://www.bbc.co.uk/news/articles/cge0grppe3po?utm_source=firefox-newtab-en-gb 

An unprecedented consensus against Israel is now emerging in the West


 

Frank Wright
Thu Apr 16, 2026

In a further sign of how the Iran war is remaking the world, Italian Prime Minister Giorgia Meloni announced on Tuesday she was suspending Italy’s 20-year-old defense agreement with Israel “in light of the current situation.”

The agreement, first launched in 2005 and automatically renewed every five years, was designed to promote trade deals between Italy and Israel, particularly in the defense sector.

Reports from Italian news agency Ansa and national newspaper Corriere della Sera confirmed details of the move, which followed the Italian government’s summoning of the Israeli ambassador in Rome to explain how Italian United Nations Interim Force in Lebanon (UNIFIL) forces had been fired upon by Israel in Lebanon.

Meloni’s suspension of cooperation with Israel was announced a day after the Israelis responded to remarks by the Italian Foreign Minister Antonio Tajani, who condemned Israel’s “unacceptable attacks” on civilians during the Israeli invasion of Lebanon.

The Italian ambassador to Israel was summoned on Monday in protest at Italian condemnation of Israel’s assault, which has seen civilian housing and infrastructure heavily bombed in the capital Beirut and in the Crusader city of Tyre. Graphic video shows bodies flying through the air after one impact, during a ten-minute period in which Israel launched over 100 strikes on Lebanon.

Israel has repeatedly invaded Lebanon, with some counts saying this is its seventh invasion. Israel’s initial objective in this latest campaign scaled back from the intended occupation of all of Lebanon south of the Litani River, with the chief of the IDF declaring all of Southern Lebanon a “killzone” two weeks ago.

Houses, churches, graveyards and entire towns and villages have been leveled, with Israeli aircraft spraying glyphosphate biocides on agricultural land. Israelis have declared their intention to settle Southern Lebanon permanently. On March 24 Israeli minister Bezalel Smotrich said the Litani River would be the new northern border, a step towards realizing his stated vision of a “Greater Israel.”

Italy under Meloni had formerly been a reliable ally of Israel and had resisted, until now, growing public outrage at Italy’s continued support of a state which has killed over 70,000 in its Gaza campaign, recognized outside the Israeli sphere of influence as a genocide. A BBC report from April 14 notes that public opinion is likely a factor in Meloni’s decision, with popular resentment of Israel and its partner the United States further aggravated by President Trump’s attacks on Pope Leo XIV representing electoral pressure for the Fratelli d’Italia leader.

France, seen as the guarantor of Lebanese democracy, has seen calls from political leaders to intervene military to defend Lebanon from destruction. The French have been excluded at Israel’s demand from talks towards a Lebanese ceasefire, with the Israelis describing the French as “unhelpful.” France proposed its own strategy for peace in Lebanon, providing military and financial aid. This is seen by the Israelis as an unwelcome intrusion on their goal of regional dominance.

Trump responds

The crisis sparked by this war is reshaping global alignments.

In an interview with Fox News reported by Ansa on April 15, U.S. President Donald Trump announced that former ties with states who “refused their help” to Trump’s war would not continue.

“Whoever refused their help in managing the situation with Iran, we no longer have the same relationship with that country,” he said, before explaining, “Just so you know: Italy receives large quantities of oil from the Strait.”

Trump’s decisive revision of the relationship with Italy follows his March 3 statement that the U.S. will “cut off all ties with Spain,” after the Spanish government announced on March 2 that it will not permit the U.S. to use its military bases to launch attacks on Iran.

European leaders have signaled they must pursue an independent defense architecture from America, as Trump’s outrage at European refusals to enter his war have also seen him threaten to withdraw the United States from NATO.

This geopolitical rift emerges alongside British and European efforts to resolve the Iranian crisis and resume trade outside of the U.S. framework.

Changing the regime

Italy’s decision marks a shift in the political position in Europe on Israel, permissioned in the main by its patronage and protection afforded by the United States. The British government has insisted it will not join the war on Iran, which the United States admitted on March 2 was launched due to pressure from the Israelis. Further, contrary to the American position, the conditions for peace must include a ceasefire in Lebanon, as the British, French, Italian, German, Canadian, Danish, Dutch, Spanish and EU leadership insist.

The White House first acknowledged then refused the inclusion of a Lebanon ceasefire as a condition for talks with the Iranians. The reason Lebanon was excluded after the fact by the Trump administration is reported to be the result of a phone call made by Israeli Prime Minister Benjamin Netanyahu.

Following communication to the U.S. of the 10-point ceasefire framework which stipulated a ceasefire in Lebanon as a precondition for talks, Netanyahu made a televised address in which he stated there would be no ceasefire in Lebanon. The White House Press Secretary added that Iran’s 10-point plan had been “thrown in the garbage.”

The move by Meloni marks a further fracturing of the Atlanticist relationship which saw Europe and the U.S. coordinate international diplomacy, trade and partnerships. It is a sign of how increasing tensions produced by the war on Iran are reshaping the world by force and policy and public opinion no longer confined by formerly effective political narratives.

The reason for this is the war presents an existential threat to global supply chains, whose effects already include actual and inevitable further shortages in food, fuel, medicine and fertilizer supplies.

This explains why a formerly forbidden consensus against Israel appears to be emerging. The war launched for Israeli interests by the United States has now produced a deadlock whose lack of resolution could undermine the global economy. It is this emergency, whose limits are not yet defined, formerly disparate political powers are uniting in a single message of condemnation of Israeli actions. Recognition is growing that if Israel is not restrained, the damage to the global economy and the dollar itself may be fatal.

A new consensus against Israel?

The socialist government of Spain, the post-fascist government of Italy, the neo-liberal globalists of Britain, France and Germany, and the Communist regime of China are aligned against the Israelis and accordingly against their sponsor, the United States.

The war has broken down old bonds of allegiance secured by a security architecture which has produced insecurity, instability, economic crisis and the routine commission of war crimes.

This includes the destruction by U.S. missiles of a school in Iran’s Minab – killing 168 (mainly young girls) in a “double tap” strike by American Tomahawk missiles. With Iran’s military production and firepower mainly deep underground, U.S. and Israeli airstrikes have targeted many civilian sites, following the stated policy of the Israeli “Dahiya Doctrine” being applied to Iran and to Lebanon.

This doctrine, first developed in Israel’s 2008 invasion of Lebanon, orders the deliberate targeting of civilian infrastructure such as water, food, and fuel supplies, along with schools, hospitals, housing and transport routes. Its aim is to make civilian life impossible, producing social collapse and a refugee crisis towards “regime change.” This violence is permissioned by demonizing the enemy, a technique known as “hasbara,” and was adopted by Donald Trump exactly mirroring false atrocity claims made by the Israelis after October 7.

When asked on March 7 whether U.S. and Israeli strikes had deliberately targeted civilian water desalination plants in a dangerous escalation for a water-scarce Gulf, Trump replied the “Iranians are among the most horrible people ever,” before adding: “They cut babies’ heads off … cut women in half.”

So far, the Iranian regime seems impervious to change, despite the assassinations, the repeated rounds of destruction, and failed diplomatic efforts to rally a Western coalition to join the war.

The war has reshaped the words and now the actions of European leaders. The adoption of Israeli media propaganda and military strategy has transfigured the U.S. The regime this war has changed is not that in Iran. It is already changing our regime in the West, but into what?

This is the bottom line. It will be decided by whether restraint or escalation makes the headlines in the days to come.

 

Source: https://www.lifesitenews.com/analysis/an-unprecedented-consensus-against-israel-is-now-emerging-in-the-west/?utm_source=latest_news&utm_campaign=usa