This once again demonstrates:



1. The US had no expectations or contingency plans for the Strait of Hormuz being closed.

2. It further shows that Trump and the Capitol Hill elite are as incompetent as a neighborhood residents' committee, probably inferior to a luxury property management team. Trump has already played most of his cards, and the ultimate strategy of "winning" is likely about to be deployed.

3. The Middle Eastern princes are probably all reconsidering their positions. It turns out the protection fee they paid not only provided no protection, but they have to keep paying.

4. Trump's financial backers are mostly old money in the oil business.

5. Both Iran and Trump are currently showing restraint. If they really fought, it would have ended long ago.

6. Everything ultimately comes down to money printing.
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