Lone Candle
Champion of Truth
Ships can get insurance to go through the Strait of Hormuz, but most ships won’t go through because they don’t think it is safe enough.
Iranian ships are still going through and the US is letting them.
https://www.youtube.com/watch?v=0SELRtaciaI
Protecting shipping would require pulling assets away from offense. Destroying 95% of Iranian weaponry does not matter if they can still threaten ships. Iranian oil ships are still going through the Strait. The US isn’t stopping Iranian oil ships.
https://www.youtube.com/watch?v=W5S2ek2QcHQ
The Iran war has been great for Russia so far. It’s oil is worth more thanks to the war. Some sanctions on its oil have been lifted by Trump as he tries to lower gas prices. The many munitions used by the US in the war mean there are fewer for the Europeans to buy for Ukraine. It allows Russia and China to go around the world saying how evil the US is, unjustly attacking a global south country.
https://www.youtube.com/watch?v=1LvPObzkF-8
The mission of keeping the Strait of Hormuz safe from Iranian attacks on civilian ships is a burdensome and dangerous mission. The US needs to focus on protecting its carriers until the Iranian threat is further diminished.
https://www.youtube.com/watch?v=QIynxSI7ZQg
Iran is predictably limiting shipping in the Strait of Hormuz as a result of Trump’s attack on Iran, sending oil prices higher. Removing the Jones Act won’t move the needle while the war drives oil prices higher.
https://www.youtube.com/watch?v=zenHFm60xKM
Middle Eastern oil producers are producing less oil because they can’t ship as much due to the war.
https://www.youtube.com/watch?v=q8MqBuaD5Xw
The US has nowhere near enough ships in the area to escort many ships through the Strait of Hormuz.
https://www.youtube.com/watch?v=ruOkuy3Tqv0
Shipping in the Strait of Hormuz is limited, but not closed. In the Red Sea, shipping could go a longer way around, but there is no alternative route for shipping in and out of the Persian gulf. This will likely increase the price of oil.
https://www.youtube.com/watch?v=lcdNGlbep1M
The hitting of refineries in Russia is creating a gas shortage that may impact civilians. This could eventually weaken Russians’ support for the invasion.
https://www.youtube.com/watch?v=Gvha2sVzAFE
Trump Media Group grifting Trump supporters by a large buyback. Instead of investing in the businesses, the company is raising money to put it in Trump’s pocket. Trump owns 60% of the stock, so a buyback makes him richer. Buybacks are normally done by profitable companies to reward their shareholders. Trump Media Group is not profitable. They raised money via an equity sale and then bought back their stock, essentially transferring some of the money raised into Trump’s pockets. (Discussion of this begins at 21:37).
https://www.youtube.com/watch?v=G0KLHBPsObc