Toby Howell

And this was definitely in the cards.

A lot of energy experts were, as you said, pushing Trump in this direction.

Because essentially, you can set up a blockade out of range from Tehran's weaponry.

And then you can also do it with less risk than going after something like Karg Island, which is where Iran exports most of its oil from.

So

If the options on the table were strike Iran's critical energy infrastructure or set up another blockade, we've already done a blockade, we being the U.S.

of Venezuela.

This is just another attempt at that.

So it sounds crazy on the surface to blockade a blockade.

But again, this is how you return leverage to your side is by choking off their exports.

Yeah, Trump conceded that energy prices may not fall soon and may be higher as we roll into midterm elections.

He's trying to suggest that the economic pain right now is worth it in the long run.

We are seeing just the economics of this blockade and now double blockade filter through the American economy.

We've seen EV interest pick back up.

This has been a side effect.

Edmunds, which is a car shopping platform, said that we're seeing interest rise to nearly what it was before the tax incentives ended last year.

Used EV sales jumped 12% in the first quarter, according to Cox Automotive.

So basically, people are looking at their gas bills and looking at the pump and saying, actually, it does make sense to transition to electric vehicles because of just how elevated gas prices are.

The mythos around Anthropic's new model, Mythos, is only growing.

According to a report, Treasury Secretary Scott Besant and Fed Chair Jerome Powell summoned major bank CEOs to Washington last week to discuss the model that has been compared to a dangerous cyber weapon.