Epstein Secrets

ally oil and gas deposits—is essential to prop up national wealth, power and prestige. This is hardly a new phenomenon. Early in the last century, Winston Churchill was perhaps the first prominent leader to appreciate the strategic importance of oil. As First Lord of the Admiralty, he converted British warships

w phenomenon. Early in the last century, Winston Churchill was perhaps the first prominent leader to appreci

there is no question that the current crisis bears EFTA00630304 heavily on global oil supply prospects, both through Iran's threats [37] to close the Strait of Hormuz in retaliation for forthcoming sanctions on Iranian oil exports and the likelihood that any air strikes on Iranian nuclear facilities will lead to

w phenomenon. Early in the last century, Winston Churchill was perhaps the first prominent leader to apprec

ially oil and gas deposits—is essential to prop up national wealth, power and prestige. This is hardly a new phenomenon. Early in the last century, Winston Churchill was perhaps the first prominent leader to appreciate the strategic importance of oil. As First Lord of the Admiralty, he converted British warship

on that the current crisis bears heavily on global oil supply prospects, both EFTA_R1_00296229 EFTA01882565 through Iran's threats [37] to close the Strait of Hormuz in retaliation for forthcoming sanctions on Iranian oil exports and the likelihood that any air strikes on Iranian nuclear facilities will lead to

ly, but they cannot be ruled out at some levels of conflict and in some scenarios, such as those that posit a need to open and secure passage through the Strait of Hormuz and Persian Gulf. In general, the more expansive a war’s goals as a plan escalates from strike to campaign to broad offensive, the greater the force

Both courses are fraught and logically open-ended. Thus the fear of potentially negative consequences from a war should not necessarily rule one out. Winston Churchill, reflecting on British policy before World War II, wrote: If the circumstances are such as to warrant it, force may be used. And if this be so, it s