It’s Down to the Strait. The Energy Report 08/05/2026

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It’s Down to the Strait. The Energy Report 08/05/2026

blog.pricegroup

6 days ago

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The Wall Street Journal tells us what we already know: Iran is staking everything on controlling the Strait of Hormuz. In other words, they’re holding the world hostage—threatening to wreck economies just to prop up their murderous regime and keep the Strait as their last trump card against total annihilation.
Tehran’s hard-line approach is already destroying its own economy and poisoning relations with its neighbors. Yet reports say the U.S., Iran, and Oman are preparing to announce a 60-day de...

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