Tuesday April 23, 2019

I've Been Thinking:

The pressure is mounting.

The United States has cancelled all 8 waivers that permitted certain countries to import oil from Iran.

Now, President Trump has announced that anyone importing anything -- especially oil - from Iran will be sanctioned by the US. President
Trump is giving allies a choice: do business with Iran or do business with the United States. It is a simple choice. You can't do both.

Iran is responding. Iranian leadership has announced that they will close the Straits of Hormuz if they are not permitted to export their oil.

This is a game of rhetoric and power.
Who knows what the next move will be.

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