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Home The Fat Pipe July 17, 2026: Iran War Escalates, Russia’s Existential Crisis?, Creak Pop!, and Grab Bag

The Fat Pipe July 17, 2026: Iran War Escalates, Russia’s Existential Crisis?, Creak Pop!, and Grab Bag

Here’s your summary of all the news you didn’t have to seek out by wading through the propaganda and AI slop. As before, the pace is accelerating…

The User's Profile Chris Martenson July 17, 2026
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Happy Friday, everyone!  But …. sigh.  Well, so much for peace breaking out…. Let’s dive in.


Iran War Update

The frustration of the US is evident and mounting.  I am edging closer to believing that the US never intended to broker an honest peace deal and has been seeking to keep the Strait of Hormuz closed and to continue escalating.

Of course, that will be a disaster in the near term for the global economy, and for the human population over the longer term as key fertilizer components go missing and future harvests slip and disappoint.

The US struck power lines and bridges last night:

In response, Iran successfully struck US military bases in Bahrain, Iraq, the UAE, and Kuwait:

It looks like the BAPCO refinery has been targeted and struck.  So Gulf energy infrastructure is now included.  The escalation has occurred.:

Let’s check in on the ““markets”” … oh dear.

Oh, and Qatar too:

Cluster warheads over Bahrain on July 13th:

Kuwait claims a key desalination and power plant was damaged last night:

Iran has issued a warning that it will next strike key ports in the Gulf that are used by the US:

Reportedly, the UAE has now directly entered the conflict:

Summary: The US has decided to escalate and Iran has decided to respond in kind.  If this goes any further with more attacks on Gulf energy assets, we should all lurch our preparation time tables forward and

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