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Cutting Off The Oil

After Iran’s statement that “if the United States enters the war, we will shut down the Strait of Hormuz” — here’s the current situation of daily ship traffic through the strait: Around 70 to 100 oil and commercial ships pass through the strait every day. It’s the world’s most strategic waterway, carrying nearly 20% of global oil supply. Any closure could severely impact global markets, energy prices, and Gulf trade.

On top of the tariffs this could be quite something. But there is a silver lining for Dear Leader. This would give him a way to blame something else for the economy going south. And he can really bring the hammer down domestically — terrorism, dotcha know. (He’ll no doubt claim that the day laborers t Home Depot are all members of the iranian sleeper cells.)

It is all bullshit. Just like Iraq all over again.

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