And, by the way, with only a handful of ships going through a day, oil is pretty much the same today as it was one year ago.
Opening the Strait is a good thing. Making the Strait inconsequential to international commerce while Iranian Jihadi’s have influence over it is even better, don’t you think? Because Trump has done the latter.
He's made a start at it, but we're not there yet. Nor have European stocks been rebuilt. Hence, should the fighting start up again, the world economy would quickly become very shaky. That's reality. Best not to paint it as too rosy as the article title did.
Please do not paint my reasons for posting that so hyperbolically. I do think we needed the war, albeit I also think Trump should have got more Congressional buy-in before starting it. I think the debate would have been good for us as a nation. We really should have finished rebuilding the Strategic Petroleum Reserve before starting. I have doubts the situation was as dire as was portrayed and we should have had better evidence for it for public buy-in if it was. After all, we all still have a sour taste considering how Saddam Hussein's WMD were portrayed.
Holy delusion, Batman!
Trump literally said we had to quit the war because it threatened global economic depression!
To repeat, if not already clear to you, he quit the war because of the consequences the Straits closure had on international commerce. You have it exactly backwards.