Ryan Adams

are saying, no way are we insuring any ship that goes through the Strait of Hormuz.

It just blows out our calculations.

And so the idea of Iran just having rhetoric about closing the Strait of Hormuz is enough to scare the insurance companies.

And so this is what Donald Trump is trying to posture to the EU about and to the global economy, basically saying, hey, we all get our oil here.

Actually, our oil is fine.

Look at the price of Brent.

EU, China, Japan, your guys' oil is way more expensive.

This is your guys' problem.

Come help us defend this trade of Hormuz.

Yeah, but then Trump is like, sure, we started it, but it's your problem.

Oh, my God.

Yeah, I think that is a question.

I mean, I'm looking at my Robinhood portfolio as of this morning.

This strike that we're talking about happened yesterday, last night.

And so markets are responding to this this morning.

It's not good.

Like it's red for equities.

So the question is like, can we just get over this?

When can the markets...

resume pricing in like the normal things like growth and revenue rather than pricing in instability and higher inflation due to higher oil prices.