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Posted on 03/09/2026 10:18:31 AM PDT by SeekAndFind
At present, there is no sign of de-escalation in the Iran conflict. The Strait of Hormuz has become a geopolitical chokepoint that could plunge the global economy into a severe crisis. While European governments work on emergency plans to mitigate soaring energy prices, the maritime insurance market is experiencing a seismic shock.
War is raging in Iran. Amid the fog of propaganda, it is increasingly difficult to separate fact from fiction, to distinguish AI-generated material from actual bomb strikes, and to see behind the carefully woven veil of media spin and national interests. Yet, we attempt here to make sense of the latest moves on the geopolitical chessboard.
One immediate consequence of the Strait of Hormuz blockade is a fatal ripple effect in the energy sector. Companies such as QatarEnergy are forced to reduce gas and oil production. Refineries are shutting down, and tankers can no longer transport output. The physical logistics of the energy market are faltering -- with consequences far beyond the region.
Markets are responding nervously. Both spot and futures prices continue to climb. At the close of New York trading, WTI crude stood at around $93 per barrel, nearly a twenty percent increase since the U.S.-Israeli intervention against Iran’s ayatollah regime.
From a European perspective, the implications are clear. The highly energy-dependent continent is increasingly politically adrift. For many governments, a lot is at stake if prices are not swiftly brought under control. Rising energy costs, growing production expenses, and mounting burdens on households and businesses threaten a new economic stress test for Europe.
For a week, Brussels has been in frenetic motion. Ursula von der Leyen’s European Commission stages media-friendly exercises that amount to little more than political shadowboxing: attempting to solve a shortage problem that cannot be eliminated through domestic production.
(Excerpt) Read more at americanthinker.com ...
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Still a lot better that it was under biden
Iran has a history of screwing with traffic in hormuz. Back in ‘87, Boss Ray-Gun gave em the smack-down over it.
https://en.wikipedia.org/wiki/Operation_Earnest_Will
From my point of ignorance it seems to me things are quite under control by the US and Israel, and now its time to start working on regime change. Yet, the media seems to think we will be here bombing come September?
Bkmk
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