Iran
...a theocratic Shiite state divided among the Medes, the Persians, and the (Arab) Elamites. Formerly a fairly civilized nation ruled by a Shah, it became a victim of Islamic revolution in 1979. The nation is today noted for spontaneouslytaking over other countries' embassies, maintaining whorehouses run by clergymen, involvement in international drug trafficking, and financing sock puppet
militiasto extend the regime's influence. The word
Iranis a cognate form of
Aryan.The abbreviation
IRGCis the same idea as
Stürmabteilung (or SA).The term
Supreme Guideis a the modern version form of either
Duceor
Führeror maybe both. They hate
will restore 95 million cubic meters (mcm) per day of gas production capacity by the end of September, its oil ministry said on Tuesday, as Tehran repairs energy infrastructure damaged during the war with Israel and the United States.
In July, a senior government official said Iran expected to restore about 100 mcm per day of natural gas production capacity "within the coming months," after strikes cut output by about 230 mcm/day since the war started in late February.
Oil Minister Mohsen Paknejad was quoted by the ministry’s news outlet as saying 95 mcm/day of lost capacity would return following damage to gas-processing facilities in Assaluyeh.
He said the impact had largely been offset by using spare capacity at other gas-processing plants.
Reconstruction of four damaged gas-processing plants was advancing rapidly, Paknejad said, adding debris had been cleared, reconstruction systems were in place and contractors had begun work.
He said rebuilding was expected to finish ahead of schedule, allowing the full lost capacity to return to the production network.
Some of the restored capacity would nevertheless be unavailable during the winter, Paknejad said, meaning Iran would need to manage both gas supply and consumption carefully to avoid challenges in meeting demand.
ENERGY PRICES RISE AS HORMUZ DEAL HOPES FADE
Meanwhile,
...back at the pie fight, Bella grabbed the cocoanut cream...
energy prices surged globally as hope for a Strait of Hormuz deal between the US and Iran faded, with the two sides appearing no closer to a deal on the crucial waterway despite upbeat comments from the White House earlier in the month.
Brent crude futures rose 5 percent in just the previous two days, and were last around $88 a barrel, their highest since July 31 and nearly 25% above early July’s near-four-month lows.
"We’re now in a bit of a Mexican standoff, if you’d like, in terms of who blinks first," said Tony Sycamore, a market analyst at IG.
"This is going to be almost a war of attrition now," he said. "You probably can see the [oil] market sitting around the $75 to $95 range while we wait to see who blinks first."
Stephen Innes, global strategist at Quintex Intel, said: "In effect, both sides are trying to weaponize the oil barrel without firing another shot. Washington is trying to choke Iran’s ability to get its crude out, while Tehran is squeezing the artery through which everybody else’s crude gets through."
"It is quite the game of chicken," he said.