Trump is going to get his way again on everything because the US Navy now holds the Strait of Hormuz and we’re slow walking sweeping for mines and escorts. No European country has a navy that can do what we’re doing right now.
EU oil is going through the roof because their supplies are running low and the strait is now closed/under US command. Global oil is fracturing - pricing is not going to be the same everywhere which is a good thing- no more single area conflict causing huge rise in price everywhere.
London thought that they were going to squeeze money out of everyone when they said no insurance, Trump just showed the world that they’re not needed and that they’ve been gouging the world.
Trump is going to get his way again on everything because the US Navy now holds the Strait of Hormuz and we’re slow walking sweeping for mines and escorts. No European country has a navy that can do what we’re doing right now.
EU oil is going through the roof because their supplies are running low and the strait is now closed/under US command. Global oil is fracturing - pricing is not going to be the same everywhere which is a good thing- no more single area conflict causing huge rise in price everywhere.
London thought that they were going to squeeze money out of everyone when they said no insurance, Trump just showed the world that they’re not needed and that they’ve been gouging the world.
Thank you for that summary.
Is Trump thinking we need to have an additional supply route so that we're not so dependent on the Strait of Hormuz?
We don’t need the Strait of Hormuz. We have plenty of oil of our own. EU depends on the Strait.