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So let me get this straight
Today, Donald Trump posted that the Strait of Hormuz is completely open for business. At the exact same hour, Keir Starmer flew to Paris to co-host a forty-nation virtual summit with Emmanuel Macron about how to, and I am not kidding, reopen the Strait of Hormuz.
AND they did not invite the US Navy. The Navy that cleared the mines, turned back the tankers, and actually reopened the strait.
Forty flags. Zero destroyers. Zero mines cleared.
One (1) excellent buffet, probably.
This is forty guys showing up to a house fire three hours late with a PowerPoint titled "Fire Response Coordination Initiative," while the homeowner is already back inside watching TV.
Meanwhile, Iran's foreign minister fully capitulated on camera today. Oil crashed 11% in minutes. Iran has reportedly agreed to suspend its nuclear program indefinitely and will not receive any frozen funds. Trump says the deal is mostly done.
And the S&P 500 is at an all-time high. That is the market, which has no feelings and no podcast, looking at all of this and saying: yeah, this is working. Where are all the Panicans now?
None of this is really about Iran, though. It is about Xi.
Panama is out of Belt and Road. Venezuela is cut off from Chinese oil. Indonesia just signed a defense deal with the US. The Philippines is in. Iran just folded. That is Hormuz, Malacca, and the Luzon Strait. Roughly 80% of China's seaborne oil, all within one phone call of being squeezed.
When Trump sits down with Xi, there is no real negotiation left.
Xi is already picking which hand to lose first

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