Rudyard Griffiths

The ceasefire continues.

It seems increasingly shaky.

So let's jump back to earlier in the week, where once again, why is it always Tuesdays?

Maybe it's

Taco Tuesdays kind of rhyme and the president somehow likes to do his big turtles on Tuesdays.

But once again, despite threatening the Iranian regime with the destruction of its power grid and bridges.

A lot of bellicose language leading up to the first deadline for the ceasefire.

Donald Trump pulled out of the hat a supposed request that the Pakistanis had made to extend the ceasefire.

And here we are with the ceasefire extended seemingly for some indeterminate period of time.

But again, the president today may be suggesting that it won't be so indeterminate.

One never knows.

But more importantly, the Straits of Hormuz remains closed.

And it remains closed not simply because of an American blockade.

It remains closed because Iran is shooting at and boarding vessels in the Straits of Hormuz with no sign of either party backing down.

Yeah, I guess what I'm trying to understand, Janice, is the inflationary effects of this are building.

We are hearing increasingly, starting in Asia, it's most acute there, but it's also now showing up in Europe.

I saw today in the United States that condom prices are up because latex is a petroleum product, ladies and gentlemen.

If there are any children listening, you can ask your parents later what condoms are.

But in all seriousness, we are now seeing that inflationary pulse build.

There is hoarding going on, fertilizer, fuel.