Iran Says Strait of Hormuz Is Closed, Trump Claims It’s Open for Commercial Shipping

The Question This Week Is "Does Trump Go Back To The Well On Bombing Iran?" By Benjamin Picton, Senior Market Strategist at Rabobank Hormuz diary, day 79. The strait remains functionally closed and global crude and refined product stocks are rapidly drawing down. President Trump has returned from Beijing after much bonhomie with no concrete commitments from China to help get shipping moving again, though the American side has claimed that China wants the strait to re-open with no tolls imposed and has committed to buy at least $17bn of US...

Epstein-itis Authored by James Howard Kunstler, "If you tolerate the intolerable, you’re communicating that it’s okay to mistreat you." - Aimee Terese on X Did you think the American zeitgeist - our collective spirit plus our thinking - could not get crazier? Gird your loins. It’s getting worse by the hour. The Jeffrey Epstein files suggest that people will do anything and that people will believe anything. Pizza, hot dogs, white sharks. . . boys, girls, babies, teens, Russian whores. . . celebrities by the score. . . billionaires. . . cannibal orgies. . . vivisection parlors. ....