Iran’s tanker attacks hit a wartime high after Trump ruled out strikes before November 3
On March 2, Donald Trump said the war with Iran was projected to last four to five weeks. The war continues for 33 weeks long and the Strait of Hormuz is still not open. So someone is going to ask question: Why start it in first place? What’s the costs and who’s paying? On October 8, Trump posted that the United States would not attack Iran before the November 3 midterm elections. Eight days later, Brent touched $110 for the first time since May. If you trade oil, or anything that moves with oil, you need an answer to one question. Can Washington reopen this strait after the election? Your price chart can’t answer that. The answer depends on how this war is being fought. My view is brutally direct. Washington is fighting a decentralized military system with tools built for a centralized one: strikes on leaders, economic sanctions and public deadlines. And Trump keeps telling Tehran what
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