Haseeb

And that's probably going to become more and more important and antagonistic now that they feel entitled over the straight.

Mm-hmm.

You know, there was a proposal from them that like, okay, maybe they would share some of the revenue from the Strait with Oman, which is the, you know, flanks the other side of the Strait of Hormuz.

But it's clear that this is, I don't know, from my perspective, this is a little bit of like, oh, hey, maybe this will be more palatable if we're not the only ones taking transit fees from the Strait of Hormuz.

But it's pretty clear, like...

This is not going to be perceived by people in the region as a better equilibrium.

And Iran has internalized this lesson, is that, okay, we can't really attack Israel or attack the U.S.,

But what we can do is antagonize our proximity to the global oil trade.

And they've learned, like, look, they kind of have their knife against the throat of all the GCC countries.

And we're very close allies with all them.

We depend on them tremendously for global oil stability and for capital inflows into the U.S.

They're huge investors into America.

So we're almost certainly going to be in a worse situation by the end of this compared to where we started.

And now Trump is going to have to find a way to play this domestically.

Because I agree with you, he does not want to tangle with these guys again.

It's like, you know, it's like fighting a dog with rabies.

He's learned that, like, look, I can't win this war.

It's like Vietnam.

It's like a little baby Vietnam.

I think he has good instincts about this is not worth it.