Somewhere in Tehran, a parliamentary committee has looked at the most important stretch of water on earth and concluded that what it really needs is a barrier.
The draft bill bans American and Israeli ships from the Strait of Hormuz. Everyone else pays five to seven percent for the privilege. Brent duly climbed past eighty three dollars on Friday, after jumping more than three dollars the day before.
It is worth remembering that this waterway used to work. A fifth of the world's oil and gas sailed through it every day, quietly, for decades, and nobody in Ohio had to give it a moment's thought. Then Washington started a war in February.
Then there is the ammunition. Trump insists the stockpiles are enormous and has promised to hunt down whoever said otherwise.
Which tells you everything about the planning behind all this, namely that there wasn't a plan at all, only a few neurons in the presidential cortex misfiring and now the world's most important shipping lane has a toll booth on it and America is limping out of a humiliating loss.
Everything Trump Touches Dies, Including a Perfectly Good Strait.
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