Shelby Holliday

Yeah, that's a key sticking point, actually.

So Prime Minister Benjamin Netanyahu of Israel just came out and said the ceasefire has nothing to do with Lebanon.

We will continue to go after Hezbollah forcefully.

Hezbollah is a proxy group that Iran supports.

And we don't know how Iran will react to that.

And then there's the Strait of Hormuz.

How soon could it return to normal traffic?

We don't know what Iran plans to do.

And Iran has shown that it is able to hold the Strait hostage and use it as a bargaining chip.

What was interesting in the White House press conference today was that Press Secretary Caroline Leavitt said what Iran is doing and saying publicly does not match what they are doing and saying privately.

We have seen an uptick of traffic in the Strait today.

And I will reiterate the president's expectation and demand that the Strait of Hormuz is reopened immediately, quickly and safely.

The White House has said it's reopening.

I think we're going to need to look at a lot of shipping data to verify that and see if that's actually true.

But a big question lingering over the Strait is whether Iran will be able to charge some sort of toll.

And that really changes the dynamic in the Middle East and in oil markets.

If Iran is able to say, hey, you know, if you want to come through the Strait of Hormuz, you need to pay us $1 million.

That's something Iran would love to do.

That is something the U.S.

likely will not accept.