Bill Melugin

@BillMelugin_

Rough headline for jobs report.

92k jobs lost in February, big miss from +59k expected.December & January revised to 69k lower than previously reported.

BUT -

Data shows foreign born workers have lost 519,000 jobs over the last year, while native born workers have gained 128k jobs.

Additionally,federal government employment decreased by 10K in February, and is down by 330K, or 11%, since reaching a peak in October 2024.

9:37 AM · Mar 6, 2026

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74.5K

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https://x.com/BillMelugin_/status/2029929265844687349?s=20

Acyn

@Acyn

CNN: Breaking news just in. Republican congressman Tony Gonzalez of Texas has announced he is dropping his reelection bid

11:41 PM · Mar 5, 2026

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219.8K

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https://x.com/Acyn/status/2029779296064241980?s=20

>>24349040

Acyn

@Acyn

CNN: Breaking news just in. Republican congressman Tony Gonzalez of Texas has announced he is dropping his reelection bid

11:41 PM · Mar 5, 2026

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219.8K

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https://x.com/Acyn/status/2029779296064241980?s=20

Donald J. Trump

@realDonaldTrump

There will be no deal with Iran except UNCONDITIONAL SURRENDER! After that, and the selection of a GREAT & ACCEPTABLE Leader(s), we, and many of our wonderful and very brave allies and partners, will work tirelessly to bring Iran back from the brink of destruction, making it economically bigger, better, and stronger than ever before. IRAN WILL HAVE A GREAT FUTURE. “MAKE IRAN GREAT AGAIN (MIGA!).” Thank you for your attention to this matter!

President DONALD J. TRUMP

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3/6/26, 8:50 AM

https://truthsocial.com/@realDonaldTrump/posts/116182551337254643

UAE mulls freezing Iranian assets as Middle East conflict escalates:WSJ

PUBLISHED FRI, MAR 6 202612:03 AM

KEY POINTS

• The UAE is reportedly considering freezing billions of dollars of Iranian assets held in the Gulf state.

• The move, if materialized, could seriously cripple Tehran’s accesss to global trade networks.

• Iran has fired more than 1,000 drones and missiles against targets in the UAE as Tehran retaliated against the U.S.-Israel joint attack.

The United Arab Emirates is considering cutting off Iranian access to billions of dollars held in the Gulf state, the Wall Street Journal reported Thursday.

The move could cripple Tehran’s access to foreign currency and global trade networks at a moment when its economy has been deteriorating, and the military conflict with U.S. and Israel has piled on more pressure.

Emirati authorities have warned Iranian officials that such a move was under consideration, the newspaper said, citing people familiar with the discussions, although no decision on whether, or when, to act has been reached.

UAE has long sought to balance its strategic alliance with the U.S. and its neighbor Iran, but Tehran’s strikes against the Gulf nation appears to be prompting a rethink in policy.

Dubai has been a crucial financial corridorfor Iranian businesses and individuals seeking to bypass Western sanctions, selling oil abroad and channeling the proceeds into military programs and regional proxies, according to U.S.-based think tank Atlantic Council.

Shell companies registered across Dubai’s sprawling free zones have for years masked the origin of Iranian oil and commodities. Informal currency exchange houses have also moved funds across borders outside the reach of conventional banking oversight.

America has been pressing the Gulf country to dismantle those networks. The U.S. Treasury has sanctioned UAE-based entities in recent years, with officials reiterating that enforcement within the UAE has fallen short of the country’s stated commitments.

As part of its retaliation against the U.S.-Israel joint attack, Iran has targeted more than 1,000 drones and missiles against targets in the UAE, damaging infrastructure including Dubai International airport and the popular Fairmont hotel, as well as residential and tourist areas.

Earlier this week, The UAE officials affirmed their stance to stick to a defensive posture, not joining military action against Iran. The decision was consistent with its “long-standing policy of good neighborliness, de-escalation and its firm commitment to the Charter of the United Nations,” the ministry of foreign affairs said in a statement.

The Iranian strikes have rattled the expatriate business community and international investors that Dubai has spent decades cultivating by projecting stability in a volatile neighborhood.

Emirati authorities are now examining a range of potential countermeasures, including targeted asset freezes of the UAE-based shell companies and a sweeping financial crackdown on local currency exchanges that sit at the center of Iran’s financial plumbing, according to the Journal.

https://www.cnbc.com/2026/03/06/uae-mulls-freezing-iranian-assets-as-middle-east-conflict-escalates-wsj-.html

Trump wants U.S. Navy to escort tankers through the Gulf. Why that plan may not work 1/2

PUBLISHED FRI, MAR 6 20267:04 AM EST

KEY POINTS

• President Trump said the U.S. Navy will escort tankers through the Strait of Hormuz if necessary to get oil exports moving again.

• But hundreds of ships are stuck in the Persian Gulf, raising the question of whether enough U.S. naval assets are in the region to provide safe passage.

• Ship owners need a sustained period without attacks to venture through the Strait, analysts say.The oil supply disruption only grows the longer the Strait is closed.

President Donald Trump is ready to use the U.S. Navy to escort oil tankers through the Strait of Hormuz as the war against Iran rages, but providing safe passage to the volume of traffic that typically passes through the waterway will prove challenging.

U.S. oil prices have surged 28% to above $86 a barrel this week as Iran attacks tankers, effectively bringing ship traffic through the Strait to a standstill. Brent crude is up 22% this week to $89 a barrel.

Global benchmark Brent would shoot above $100 per barrel if the waterway is closed for a prolonged period, Wall Street analysts say. At that level, oil prices could tip the global economy into a recession, they say.

The narrow Strait is the only way for tankers to enter and exit the Persian Gulf. More than 14 million barrels per day of crude passed through the Strait in 2025, about a third of all the oil that is exported by ship worldwide, according to energy consulting firm Kpler.

100 a day

About 100 tankers and cargo vessels pass through the Strait daily under normal conditions, said Matt Smith, an oil analyst at Kpler, and about 400 tankers are currently stuck in the Gulf due to the war.

“There’s hundreds and hundreds of vessels still in the Mideast Gulf,” said Matt Wright, a senior freight analyst, also at Kpler. The U.S. Navy would take “an inordinate amount of time to escort them even a few at a time.”

Trump’s promise to escort tankers if necessary, and provide political risk insurance to their owners, helped calm the oil market Tuesday and Wednesday.

But prices surged Thursday after Iran said it attacked a tanker with a missile. The British Navy, meanwhile, reported a large explosion at a tanker anchored in Iraqi territorial waters.

Enough ships

“A key question will be whether there are enough Navy assets to both escort ships as well as continue operations against Iran,” Helima Croft, head of global commodity strategy at RBC Capital Markets, told clients in a Tuesday note.

Insurance isn’t really the issue for ship owners, Wright at Kpler said. Tankers are not moving because they are worried about their physical security, he said, and ship owners will need to a see a sustained period without attacks to venture through the Strait again.

https://www.cnbc.com/2026/03/06/trump-navy-strait-hormuz-iran-oil-tanker.html

>>24349184

2/2

The urgency to recover oil flows from the Gulf is high, Wright said. But “there needs to be some confidence that Iran’s ability to continue to wage war has diminished,” the analyst said.

Houthi militants in Yemen disrupted Red Sea traffic with missile attacks for more than a year, starting in late 2023. “They’re nothing compared to the sophistication of the Iranians, so it is a very different, threat,” Wright said.

U.S. naval escorts help at the margin but by themselves will not re-open the Strait, Rapidan Energy analysts said in a note on Wednesday.Instead, the U.S. needs to systematically degrade Iran’s military capabilities, which takes time, they said.

1980s war

The U.S. Navy escorted tankers through the Strait in 1987 when commercial vessels became targets during the Iran-Iraq war, said Croft.But the U.S. military at that time was not simultaneously waging war against the regime in Tehran and guaranteeing safe passage to ships, she said.

Energy Secretary Chris Wright said Wednesday thatthe Trump administration will provide naval escorts “as soon as we can.”

“Right now our Navy and our military is focused on other things, which is disarming this Iranian regime that’s been striking out at all of its neighbors and Americans in every way it can,” Wright told Fox News.

“In the not too distant future, we’ll be able to use the Navy to get energy flowing again, but in the meantime markets are very well supplied,” he said.

No timeline

The Trump administration does not have a timeline for when the Strait will be safe for commercial shipping again, White House press secretary Karoline Leavitt told reporters Wednesday.

“I don’t want to commit to a timeline, but certainly it’s something that is being calculated actively by both the Department of War and the Department of Energy,” Leavitt said during a briefing.

The longer tankers are penned into the Gulf, the bigger the problem becomes for the global oil market, according to analysts.

The Gulf countries could exhaust their storage capacityas barrels build up with nowhere to go, said Natasha Kaneva, head of global commodities research at JPMorgan.That will force them to shut down production, potentially spiking Brent to $120 per barrel, Kaneva said in a Sunday note.

Iraqi officials told Reuters on Tuesday that Iraq has already cut production by 1.5 million barrels per day as it runs out of storage due to the Hormuz closure.

Production shutdowns could double in four days, Kaneva said Tuesday.

“With the Strait of Hormuz still inactive, the clock is ticking,” Kaneva said.

https://www.cnbc.com/2026/03/06/trump-navy-strait-hormuz-iran-oil-tanker.html

Financial Times

@FT

Breaking news: Media group Axel Springer is poised to agree a deal for the Telegraph in a move that will scupper the proposed acquisition of the UK newspaper group by the Daily Mail, said people briefed about the matter.

https://ft.trib.al/2PdiGsi

Image

6:32 AM · Mar 6, 2026

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https://x.com/FT/status/2029882872232825078?s=20

Financial Times

@FT

FT Exclusive: Qatar’s energy minister has warned that war in the Middle East could 'bring down the economies of the world', predicting that all Gulf energy exporters would shut down production within weeks and drive oil to $150 a barrel

(Fear mongering, others are saying up to $250, they live and love this shit. My guess is “The City of London” is doing this intentionally,they want their Colonies back. Too Bad MAGA PDJT is part of a long line of Rebellion Leaders in the US. So FAFO you limeys.)

https://ft.trib.al/EekmlhF

(FT is in UK, their predictions are always based on what’s good for the City of London. I wouldn’t doubt the City of London is funding Iran’s War. We’ll see!)

https://x.com/FT/status/2029852017737286014

Iran International English

@IranIntl_En

An animation published by the Israeli military on Friday appeared to show an underground military bunker beneath the slain Supreme Leader's office in Tehran, stretching under several streets in central Tehran, with at least eight entrances.

11:45 AM · Mar 6, 2026

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https://x.com/IranIntl_En/status/2029961673029624311?s=20

Supreme Leader's deputy chief of staff targeted in Tehran strike - report

2 hours ago

Ali-Asghar Hejazi, the deputy chief of staff of the office of Iran's Supreme Leader, has been targeted in an Israeli airstrike in Tehran, according to Israeli defense sources cited by The Times of Israel’s military correspondent Emanuel Fabian.

https://www.iranintl.com/en/202603064690

Trump says only ‘unconditional surrender’ will lead to Iran deal

3 hours ago

US President Donald Trump said there will be no deal with Iran except “UNCONDITIONAL SURRENDER,” in a post on Truth Social on Friday.

“There will be no deal with Iran except UNCONDITIONAL SURRENDER!”==

Trump wrote, adding thatafter that and the selection of a “GREAT & ACCEPTABLE Leader(s),” the United States and its allies would work to rebuild Iran.

“Iran will have a great future. MAKE IRAN GREAT AGAIN (MIGA!),” he wrote.

https://www.iranintl.com/en/202603062379