Morning all - last week we saw a wave of stories announcing that the Hormuz Strait was open as maritime trackers like Kpler announced oil transits meeting or exceeding pre war levels. That of course was not the entire story which is why the cost of Brent crude still hovering over $100 a barrel. Not to mention, we cannot keep the Navy out there forever which is how any tankers (aside from paying Iran!) are getting through. Please read my latest on how the Trump admin is trying to paper over a real catastrophe right before the midterms with this nonsense narrative-shaping: