Sunday, May 10, 2026

At Least The War Is Over

How long can THE MARKETS soar on these fumes?
Traffic in the Strait of Hormuz remained throttled on Saturday, after naval skirmishes between U.S. and Iranian forces in recent days heightened tensions in the vital shipping route.

For weeks, the narrow passage between the Persian Gulf and the Arabian Sea has been choked by two competing blockades enforced by each side in the conflict. About 1,600 ships are bottled up in the Persian Gulf.