Jackie Northam
๐ค SpeakerAppearances Over Time
Podcast Appearances
toll system in the Suez Canal.
And, you know, and opening the strait, they say, is just going to happen through diplomacy.
It's the best answer.
Yeah, you know, but it's both slow and still precarious.
You know, it's just not just oil and oil products that are stuck in the strait.
There are a lot of critical components also on ships.
Helium, which is an important component for semiconductors.
Fertilizer, cost has gone up more than 20%.
And aluminum, which is in short supply now in the U.S.
You know, President Trump slapped 50% tariffs on aluminum, including from Canada, which was the U.S.
biggest supplier.
And Canadians went looking elsewhere for customers, mostly in Europe.
So the U.S.
has had to turn to the Middle East for aluminum from Bahrain and the UAE.
Now those supplies destined for the U.S.
are stuck in the Strait of Hormuz.
That's right, and Trump threatened to send Iran back to quote the Stone Age.
Thursday, the U.S.
took out a key bridge important for Iran's military supply lines, and Trump threatened to hit more civilian infrastructure, including power plants, next week.
Iran, in return, has stepped up its attacks, showing it still has firepower.