Strait of Hormuz - Analysis
The U.S. president can move markets with a sentence. He can hint at talks, hint at peace, hint at imminent success, and each of those hints can put downward pressure on oil. Tehran can threaten, but Trump has the larger megaphone, the larger navy, and the stronger balance sheet.
War is a racket. It always has been. It is possibly the oldest, easily the most profitable, surely the most vicious. It is the only one international in scope. It is the only one in which the profits are reckoned in dollars and the losses in lives.