Aaron Parnas
👤 SpeakerAppearances Over Time
Podcast Appearances
They theoretically are able to almost shut down the global economy.
And Americans aren't feeling it yet when it comes to food prices, but food prices are about to go up a lot more in the coming weeks because of the Strait.
We saw inflation go up 0.9%, highest level in two years.
Gas prices in some places are above $6, close to $7.
That's only going to continue to rise.
And this straight is not opening up overnight, no matter how much Trump said it should or will.
It's not.
And we have conflicting messages of what that means.
Will there be the so-called joint venture between the United States and Iran?
What does that look like?
Does that mean the Chinese are now going to be paying a million bucks to us and a billion, a million bucks to the Iranians to get through?
I don't think they're going to want that.
So I really think that the big takeaway here is that the United States, as Trump likes to say, doesn't have the cards anymore, right?
Iran has a lot of the cards right now.
And you can bomb Iran into oblivion.
You can, quote unquote, end the civilization as you know it.
But as long as you have one missile, one mine, one bomb, that strait will not be reopened.
So you actually, there's nothing you can do
to keep that, to militarily reopen that Strait.
Because if Iran could just shoot one missile targeting a cargo ship, that's enough to shut down the Strait and spook other oil tankers.