During one of Donald Trump‘s election campaigns, Trump said that we would be winning so much that his supporters would be begging him to not win so much. He has said that he has won the war with Iran. Frankly, we have won this war. He then threatened to destroy the Iranian civilization before backing down again into this so-called ceasefire.
So what has America won so far? Inflation jumped up by almost one percent in only one month. It has jumped up to 3.4% for the year.
Asian countries are so desperate for oil that they are now buying oil from Russia, at over $100 a barrel. This is a windfall for Russia in their invasion efforts of Ukraine.
China is better able than most countries to handle this oil crisis because they have diversified into energy alternative sources like wind and solar.
The Strait of Hormuz it’s still closed. Countries, including European countries, are making deals with Iran to have their shipments go through at a toll price of course.
Iran has boosted its export of oil and where before they were selling at $45 a barrel now they’re selling at $100 a barrel. This is over and above the toll revenues they are receiving.
Did I mention that the Strait of Hormuz it’s still closed?
What a crap show.
That’s all I have.