One drone just took out the fourth-largest refinery on earth. This hits your wallet.
A drone the size of a riding lawnmower took out a refinery the size of a small city. | The Ruwais plant in Abu Dhabi processes 922,000 barrels of oil every single day. That's not crude sitting in a tanker. That's gasoline. Diesel. Jet fuel. The stuff that moves your car, your flight, your food. It's dark now. | I can't stop thinking about this. | Everyone is watching the Strait of Hormuz. I get it. It's a chokepoint. It makes a good map graphic. But Iran isn't just threatening to block a waterway. Iran is burning down the factories. The refineries. The places where crude oil becomes the things we actually use. Ruwais is gone. Bahrain's Sitra refinery 405,000 barrels a day was hit too. So was Kuwait's Mina Al-Ahmadi. That's another 346,000 barrels a day, offline. Three plants. Three countries. Nobody is connecting these dots on the evening news. | "Better Than Humans At Everything" by 2027 | The CEO of one of the biggest AI firms in the world just went public with a chilling warning… | According to him, AI will be "better than humans at everything" by 2027… | And he's not the only one sounding the alarm… | Elon Musk has also said AI will surpass human intelligence by 2027… | And once AI crosses that line… the ripple effects on our economy could be devastating. | So much so that former Google exec Kai-Fu Lee recently said AI could wipe out 50% of all jobs by 2027… | Throwing millions of everyday folks out of work… and into financial quicksand. | But you don't have to be one of the ones left behind… | One ex-Wall Street insider whose team predicted NVIDIA's rise in 2020 has identified three simple moves to help you bank astronomical wealth and land on the right side of what's coming. | Click here to see what they are | | Here's what worries me. The world doesn't run on crude oil. It runs on refined products. You can't pump crude into your gas tank. It has to be processed first. When you lose a refinery, you don't just lose oil. You lose the thing that turns oil into something usable. Replacing that capacity takes years. Not months. Years. And we just lost three of the biggest plants on the planet in under three weeks. | I don't think most people realize how thin the margin is. The IEA just called for the biggest emergency reserve release in history. Four hundred million barrels. The previous record was 182 million barrels, after Russia invaded Ukraine. They nearly doubled that number. That tells you everything about how scared the people in charge actually are. | Oil is close to $100 a barrel. Up roughly 20% since February 28, when this war started. The Fed held rates today. It can't cut. Not with energy prices running hot again. Which means your mortgage isn't coming down. Your car payment isn't coming down. The grocery bill isn't coming down. This refinery hit is not a foreign policy story. It's a kitchen table story. | Iran's military has now threatened banks and financial institutions across the Gulf. Dubai is on that list. Nobody knows how far this goes. I'll say it plainly: nobody knows. Not the analysts. Not the White House. Not the traders moving billions around right now. Anyone who sounds certain is lying to you. | Europe said no to Trump's request to send warships to reopen the strait. Our allies looked at the same map we did and decided they'd rather watch. We are largely alone on this one. | The number I keep coming back to is 922,000. That's how many barrels Ruwais could handle in a single day. One drone. One plant. Gone. That's the whole story, right there. | I keep thinking about the workers who showed up to that refinery on an ordinary Tuesday morning. They had jobs to do. Gauges to check. Shifts to finish. Then one small, cheap drone changed the math for every driver, every airline, every farmer who needs fertilizer, every hospital that runs on diesel backup power. One drone. That's the world we're in now. | More on this tomorrow. | — Lauren
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