It Will Open Itself
Entering our fourth month in the Iran War, the Strait of Hormuz is moving under seven vessels a day. Before all this started, it was seventy. Just saying, as of today Iran still controls the Strait. Although the Strait will apparently reopen soon, the IRGC seems to be positioning itself to claim that it maintains control of the Strait even though it is open. The official story is that things are trending toward normal. The actual water tells a different story. The United States carried out new strikes near Hormuz against Iranian drone control sites while negotiations were simultaneously underway. That's not a smooth reopening. That's a chokepoint still being contested by everyone with a stake in who controls it. The obvious question, if Trump won the war – “obliterated” Iran was his word, then why isn’t the Strait opening faster? I mean, we obliterated them. So… The answer isn't military. It's trust, and there isn't any. Tanker owners, insurers, crews, and th...