PODCAST: DHP Villains: Woodrow Wilson, Part 10

First Loaded Crude Supertanker Clears Hormuz Without Using Larak Channel Summary:  Idemitsu Maru did not use Larak Channel Loaded Idemitsu Maru crude supertanker exited Hormuz this afternoon, marking the first such crude transit since the conflict began. Loaded Mubaraz LNG tanker exited Hormuz earlier this month, also marking the first such LNG transit since the conflict began. Polymarket  First Crude Supertanker Exits Hormuz Following the Mubaraz LNG tanker's exit from the Hormuz chokepoint in recent weeks, the first such transit since the conflict began, new ship-tracking data from Bloomberg late Tuesday afternoon show that the first...

Trump Announces Start Of "Clearing Out" The Strait As A "Favor" To RoW As 'Indirect' Talks Begin With Iran Summary:  President Trump announces start of "clearing out the Strait" as a favor to the rest of the world as two U.S. Navy guided-missile destroyers passed without incident. Peace talks in Pakistan begin in indirect format, led by Vance and on Iran side - Ghalibaf, Arachchi. Saturday sees more Israeli strikes on Lebanon, with Hezbollah supporting Pakistan talks but rejecting 'separate deal' directly with Israel. Trump on talks and potential bigger future attacks on Iran: "You don’t need a backup...

UMich Sentiment Crashes To Lowest On Record As War Sparks Inflation Panic Among Democrats While the March UMich sentiment survey was completed before and after the start of the Iran War (with only modest impacts on sentiment and inflation expectations), today's preliminary April data survey period was all in the war with expectations for a notable drop in sentiment and sizable jump in inflation expectations. It turns out the expectations were right in direction but underestimated the scale as headline sentiment plunged from 53.3 to 47.6 (far worse than the 51.5...