Iran says the Strait of Hormuz will remain closed long-term for both the US and Israel. Iran’s real strategy is not direct confrontation with the US, but pressure routed through allied energy dependency

let me tell you what just happened because most people are missing what Iran actually did.. for 47 years, closing the Strait of Hormuz was Iran’s biggest threat.. they said it in 1987.. they said it in 2012.. they said it again and again.. and they never did it.. because the threat was more powerful …

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New U.S. tariffs hit 100+ nations, 40% rate on routed goods, Yale says average now 18.4% — highest in 90 years. Dow futures sink 400 pts

Stock futures opened sharply lower. Dow futures shed about 0.8%, S&P 500 futures dropped 0.9%, and Nasdaq 100 futures fell 1%. Earnings weakness added pressure, but Trump’s tariff shock dominated headlines. “The average tariff rate roughly on reciprocal is going from about 2.5% to 15%,” said Vasu Menon, managing director at OCBC. https://www.reuters.com/business/view-investors-react-trumps-new-reciprocal-tariffs-announcement-2025-08-01/ President Trump’s …

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