America’s Current Position in the Iran War | Explainer ![rw-book-cover](https://img.youtube.com/vi/lIm7kvzzEqw/maxresdefault.jpg) 🔗 **Source:** [America’s Current Position in the Iran War | Explainer](https://www.youtube.com/watch?v=lIm7kvzzEqw) > [!note]+ Document Notes > tags: #middle-east #foreign-policy #geopolitics #oil-markets #military-intervention > author: [MISSING] > source: YouTube > reference: https://www.youtube.com/watch?v=lIm7kvzzEqw > date created: 2024-12-28 16:45 > > # 🏷️ Title: America's Current Position in the Iran War | Explainer > <!-- deep-read:sections start --> ## 🧰 Action Inbox - [H1] Monitor Strait of Hormuz reopening status — affects global oil/fertilizer supply #geopolitics - [H2] Track ceasefire implementation between Israel-Lebanon — impacts regional stability #middle-east - [H3] Watch oil futures pricing impact on global markets — economic consequences emerging #oil-markets ## 🧭 Table of Contents - [[#📝 Summary]] - [[#📖 Main Content]] - [[#🗒️ Notes]] - [[#📚 References]] - [[#🗣️ Paraphrase]] - [[#📰 Newsletter]] - [[#✅ Action Items]] - [[#🧪 Hypotheses]] - [[#📊 Methodology]] - [[#❓ Questions]] - [[#🔮 Future Research]] - [[#💡 Implications]] - [[#🧠 Learning Styles Assessment]] - [[#📊 Accessibility Assessment]] - [[#🌍 DEIB Assessment]] - [[#✅ Logical Validity]] - [[#🛡️ DARVO Analysis]] - [[#🎯 Conclusion]] ### 🔗 References - [Original Video](https://www.youtube.com/watch?v=lIm7kvzzEqw) ## 📝 Summary - Trump attempted a "decapitation strike" in Iran similar to Venezuela, expecting quick regime change and approval ratings boost - Iran responded by closing the Strait of Hormuz, affecting 20% of world's oil and 30% of fertilizer supply - A ceasefire was announced but quickly fell apart when Israel refused to stop bombing Lebanon - Iran's 10-point plan includes maximalist demands and control over Strait of Hormuz with $2M tolls - The situation has left the US in a weaker position with ongoing economic and military consequences ## 📖 Main Content The analysis describes a complex military and diplomatic crisis that began with what the speaker characterizes as Trump's miscalculated strike against Iran. The operation was apparently modeled after a previous action in Venezuela, with expectations of quick regime change through targeted elimination of leadership. However, the situation escalated when Iran retaliated by closing the strategically critical Strait of Hormuz. This waterway carries approximately 20% of global oil shipments and 30% of fertilizer ingredients, making its closure a significant threat to global supply chains and food security. The speaker describes a pattern of contradictory statements from Trump regarding ceasefire negotiations and terms. A two-week ceasefire was announced with a 10-point plan, but implementation has been problematic due to Israel's refusal to halt operations in Lebanon, which Iran considers a violation of the agreement. The situation is complicated by Netanyahu's legal troubles, as his corruption trial has been suspended during wartime, creating personal incentives to maintain conflict status. This adds another layer of complexity to regional peace efforts. ## 🗒️ Notes #### ⏱️ [00:00](https://youtu.be/lIm7kvzzEqw?t=0) — [H1] Trump's Iran Strike Strategy - Key idea: Administration attempted "decapitation strike" expecting quick regime change - Evidence: "Trump thought would be sort of a decapitation strike in Iran that looked much like the strike in Venezuela" #### ⏱️ [01:30](https://youtu.be/lIm7kvzzEqw?t=90) — [H2] Strait of Hormuz Closure Impact - Key idea: Iran's retaliation affected critical global supply chains - Evidence: "close the straight of Hormuz through which about 20% of the world's oil travels" #### ⏱️ [02:15](https://youtu.be/lIm7kvzzEqw?t=135) — [H3] Fertilizer Supply Crisis - Key idea: Closure threatens global food production through fertilizer shortages - Evidence: "ingredients for fertilizer about 30% of the world's fertilizer which is a huge problem" #### ⏱️ [02:45](https://youtu.be/lIm7kvzzEqw?t=165) — [H2] Annihilation Threat - Key idea: Trump escalated rhetoric to civilization-level threats - Evidence: "he was going to annihilate their civilization" #### ⏱️ [03:30](https://youtu.be/lIm7kvzzEqw?t=210) — [H1] Ceasefire Announcement - Key idea: Trump declared victory through social media ceasefire announcement - Evidence: "Oh, look, we have a ceasefire, a two-week ceasefire, and they're going to reopen the straight" #### ⏱️ [04:45](https://youtu.be/lIm7kvzzEqw?t=285) — [H2] Israel Breaks Agreement - Key idea: Israel's refusal to stop bombing undermined ceasefire terms - Evidence: "Israel said, 'No, we're not covered by this. We're not going to stop.'" #### ⏱️ [05:30](https://youtu.be/lIm7kvzzEqw?t=330) — [H3] Iran's Maximalist Demands - Key idea: 10-point plan contained extensive Iranian demands including toll control - Evidence: "maximalist demands from Iran and it included the fact that they would have control over the straight of Hormuz" #### ⏱️ [06:15](https://youtu.be/lIm7kvzzEqw?t=375) — [H2] $2 Million Toll Charges - Key idea: Iran planned to charge significant fees for strait passage - Evidence: "they would be able to charge tolls going through the straight of Hormuz at $2 million a pop" #### ⏱️ [07:00](https://youtu.be/lIm7kvzzEqw?t=420) — [H3] Trump's Contradictory Positions - Key idea: Trump showed confusion about agreement terms and US position - Evidence: "Trump said, 'Oh yeah, we're going to be part of that. You know, we're going to take a cut of that'" #### ⏱️ [08:15](https://youtu.be/lIm7kvzzEqw?t=495) — [H1] Netanyahu's Legal Motivation - Key idea: Israeli PM's corruption trial creates incentive to maintain wartime status - Evidence: "trial for corruption has been halted because of the war in Iran" #### ⏱️ [09:30](https://youtu.be/lIm7kvzzEqw?t=570) — [H2] US Strategic Weakness - Key idea: America emerged in significantly worse regional position - Evidence: "US is in a significantly worse position than we were on February 27th, 2026" #### ⏱️ [10:15](https://youtu.be/lIm7kvzzEqw?t=615) — [H3] Military Casualties and Defense Failures - Key idea: American servicemen killed, with questions about defense adequacy - Evidence: "13 American servicemen have been killed" #### ⏱️ [11:00](https://youtu.be/lIm7kvzzEqw?t=660) — [H2] Economic Consequences Pending - Key idea: Oil price spikes and global shortages expected to manifest soon - Evidence: "oil futures are now becoming the present. They're not here yet. It's going to be within the next week or so" ## 📚 References - [America's Current Position in the Iran War | Explainer](https://www.youtube.com/watch?v=lIm7kvzzEqw) ## 🗣️ Paraphrase - A military intervention in Iran backfired, leading to the closure of a critical shipping route that handles a fifth of global oil and nearly a third of fertilizer supplies - Attempted ceasefire negotiations collapsed when Israel continued military operations in Lebanon, causing Iran to re-close the strait and maintain their demands for control and toll collection - The situation has weakened America's strategic position while creating personal incentives for regional leaders to maintain conflict status due to legal and political considerations ## 📰 Newsletter **Middle East Crisis Affects Global Supply Chains** A complex military and diplomatic situation in the Middle East is creating significant impacts on global oil and fertilizer supplies. The closure of the Strait of Hormuz has disrupted critical shipping routes, with economic consequences expected to manifest in the coming weeks. Key developments include failed ceasefire negotiations, contradictory policy positions, and the intersection of regional conflicts with domestic legal issues affecting key decision-makers. For those managing global supply chains or economic planning, monitoring developments around the Strait of Hormuz and regional diplomatic efforts will be essential for anticipating market disruptions. Resources: [Council on Foreign Relations](https://www.cfr.org/), [Energy Information Administration](https://www.eia.gov/), [International Crisis Group](https://www.crisisgroup.org/) ## ✅ Action Items #### DevRel - Developer advocacy: Monitor geopolitical impacts on cloud infrastructure and global development teams - Education: Create content addressing business continuity planning during supply chain disruptions - Developer experience: Document fallback strategies for services dependent on affected regions - Community management: Facilitate discussions on maintaining international developer communities during conflicts #### Community - Contributors: Assess impacts on open source contributors in affected regions - Sponsors: Review funding strategies considering economic volatility from oil/commodity price changes - Ecosystem: Coordinate support for projects and maintainers in impacted areas ## 🧪 Hypotheses - Military interventions without clear exit strategies lead to strategic overextension and weakened negotiating positions - Critical infrastructure control becomes leverage in international negotiations when conflicts affect global supply chains - Personal legal jeopardy for political leaders creates incentives to maintain conflict status that may override strategic interests - Contradictory public statements during crisis negotiations signal internal policy confusion and weaken diplomatic credibility ### 📊 Methodology - Analyze historical patterns of military intervention outcomes and strategic positioning changes - Track economic data on oil futures, fertilizer prices, and shipping costs through the Strait of Hormuz - Study correlation between leader legal status and conflict duration in similar historical cases ### ❓ Questions - How do personal legal incentives for political leaders affect international conflict resolution timelines? - What alternative shipping routes and supply chain adaptations emerge during extended strait closures? - How do contradictory public statements during negotiations impact long-term diplomatic relationships? ### 🔮 Future Research - Economic modeling of global supply chain vulnerabilities to chokepoint disruptions - Analysis of domestic legal systems' intersection with international conflict decision-making - Study of communication strategies during complex multi-party negotiations ### 💡 Implications - Practice: Supply chain managers need contingency planning for critical infrastructure disruptions - Policy: Military intervention strategies require clear exit plans and post-conflict governance frameworks - Security: Critical shipping routes represent significant vulnerabilities requiring diplomatic and military protection - Education: International relations curricula should address intersection of domestic legal issues and foreign policy - Funding: Economic volatility from geopolitical conflicts affects budget planning across sectors ### 🧠 Learning Styles Assessment Reading level estimate: 12th Grade #### 👀 Visual learners - Present: None identified in audio content - Improve: Maps showing Strait of Hormuz location and global shipping routes, timeline of events, infographics on oil/fertilizer supply percentages #### 🔊 Aural learners - Present: Audio explanation and analysis format - Improve: Podcast-style discussion with multiple expert perspectives #### 🗣️ Verbal learners - Present: Detailed explanations, policy terminology, strategic concepts - Improve: Glossary of military and diplomatic terms, analogies to historical conflicts #### 🧩 Kinesthetic learners - Present: None identified - Improve: Interactive timeline, supply chain simulation, negotiation role-play scenarios #### 🧠 Logical learners - Present: Cause-and-effect analysis, strategic reasoning chains - Improve: Decision trees showing policy options, cost-benefit analysis frameworks #### 🧑‍🤝‍🧑 Social learners - Present: Discussion of multiple stakeholder perspectives - Improve: Debate formats, collaborative analysis exercises, expert panel discussions #### 🧘‍♀️ Solitary learners - Present: Individual analysis and reflection opportunity - Improve: Self-assessment questions on strategic thinking, journaling prompts about conflict analysis #### 🌿 Naturalistic learners - Present: None identified - Improve: Environmental impacts of oil spills, ecosystem effects of shipping disruptions ### 📊 Accessibility Assessment #### Screen reader semantics - Present: Audio content is inherently accessible to screen readers when transcribed - Improve: Structured transcript with clear headings and speaker identification #### Keyboard navigation - Present: Basic video controls - Improve: Timestamped navigation, keyboard shortcuts for transcript sections #### Contrast and readability - Present: Not applicable to audio content - Improve: High-contrast transcript formatting, adjustable text size options #### Text resizing and reflow - Present: Not applicable to audio content - Improve: Responsive transcript layout supporting zoom up to 200% #### Media and captions - Present: Audio content available - Improve: Accurate captions, downloadable transcript, audio descriptions for any visual elements #### Forms and interactions - Present: Basic video player controls - Improve: Accessible playback speed controls, bookmark functionality ### 🌍 DEIB Assessment #### Cultural breadth - Present: Discussion of multiple countries and regions (US, Iran, Israel, Lebanon, Pakistan, Oman) - Improve: Include perspectives from affected civilian populations, regional experts from each country #### Inclusive language - Present: Generally neutral analytical language - Improve: Avoid militaristic metaphors, define technical geopolitical terms #### Neurodiversity support - Present: Detailed linear narrative structure - Improve: Clear section breaks, summary points, content warnings for discussion of violence #### Representation - Present: Focus on political and military leadership (predominantly male) - Improve: Include voices of affected communities, humanitarian workers, diverse expert perspectives #### Psychological safety - Present: Analytical rather than inflammatory tone - Improve: Content warnings for discussion of military casualties and civilian impacts ### ✅ Logical Validity #### Strong reasoning - Causal reasoning: Strong analysis of action-consequence chains (military strike → strait closure → economic impact) - Inductive strength: Good pattern recognition connecting personal legal incentives to conflict prolongation - Deductive strength: Logical progression from strategic assumptions to outcome predictions #### Fallacies - Ad hominem: Some characterization of Trump's decision-making as weak without full evidence base - Hasty generalization: Limited evidence for claims about Netanyahu's motivations being primarily legal rather than strategic #### Tone of voice - Overall tone: Analytical and critical, with strong perspective but attempting objective analysis of strategic outcomes ### 🛡️ DARVO Analysis - Deny: No clear patterns of denial identified - Attack: Some criticism of leadership decision-making, but focused on strategic rather than personal attacks - Reverse victim/offender: No clear reversals identified - Emotional cues and rhetoric: Strong analytical tone with some loaded language ("extraordinary weakness", "annihilate their civilization") ## 🎯 Conclusion The analysis presents a complex geopolitical situation where military intervention has led to strategic overextension and weakened US positioning. The closure of the Strait of Hormuz represents a significant economic threat affecting global supply chains, while failed diplomatic efforts highlight the challenges of multi-party negotiations involving actors with conflicting personal and political incentives. The situation demonstrates how domestic legal issues can intersect with international conflict resolution, potentially prolonging instability. Economic consequences from oil and fertilizer supply disruptions are expected to manifest globally in the near term. ## 🧱 Refactor Appendix ### 📚 Literature Split Pad Purpose: Stage CEE units that become Literature notes. Split level: H3 ### [H1] Military interventions without exit strategies weaken strategic positions > [!quote] America's Current Position in the Iran War | Explainer by [MISSING] via YouTube. Published [MISSING]. Accessed 2024-12-28. > "extraordinary weakness first of all on Trump's part. He started a war that has put Iran in the driver's seat and dramatically weakened the United States" Demonstrates how tactical military actions can produce strategic disadvantages when poorly planned. [view highlight](https://youtu.be/lIm7kvzzEqw?t=570#H1) #xref #articleseed ID:rw_iran_strategic_weakness ### [H2] Critical infrastructure control provides negotiation leverage > [!quote] America's Current Position in the Iran War | Explainer > "close the straight of Hormuz through which about 20% of the world's oil travels" --- ## Full Transcript [00:00] I guess we should start with Iran and<br>[00:01] what's happening in Iran. Now, that's<br>[00:04] another example of a place where the<br>[00:06] administration under Trump decided to<br>[00:09] what Trump to to execute what Trump<br>[00:12] thought would be sort of a decapitation<br>[00:14] strike in Iran that looked much like the<br>[00:16] strike in Venezuela in January in which<br>[00:19] there'd be a quick round of bombing that<br>[00:21] they would kill the existing Ayatollah,<br>[00:24] hope that he would be replaced with<br>[00:25] somebody more moderate and then get out.<br>[00:28] And you know, Trump appeared to be<br>[00:29] hoping for a bump in his approval<br>[00:32] ratings and this would be, you know, we<br>[00:34] he could blow some stuff up and you<br>[00:36] know, the American military and there's<br>[00:37] that theme that I want to pick up again.<br>[00:39] The American military would look all<br>[00:41] powerful and and there was not in his<br>[00:43] mind anyway a downside to that. Well, of<br>[00:45] course, not at all how it played out.<br>[00:47] And what happened was just as every<br>[00:50] strategist expected would happen. Iran<br>[00:53] promptly began to strike at neighboring<br>[00:55] countries and close the straight of<br>[00:56] Hormuz through which about 20% of the<br>[00:59] world's oil travels and uh more of that<br>[01:01] of liquid natural gas and also the um<br>[01:05] the ingredients for fertilizer about 30%<br>[01:08] of the world's fertilizer which is a<br>[01:10] huge problem huge problem because we<br>[01:12] need that fertilizer that's another<br>[01:14] story that I'm not going to go you know<br>[01:16] that I'm not going to go down but this<br>[01:18] is where we ended up on Tuesday with<br>[01:20] Trump announcing that unless Iran did<br>[01:22] what he told them to, which is to open<br>[01:24] the straight, that he was going to<br>[01:27] annihilate their civilization. And<br>[01:28] that's in part because all the other<br>[01:30] countries he tried to bully into<br>[01:31] reopening the straight were like, "Dude,<br>[01:33] it's not our problem. We didn't do this.<br>[01:34] You did." So, um, on Tuesday, he said he<br>[01:38] was either going to to there be a great<br>[01:41] solution or he was going to destroy a<br>[01:43] civilization. And we know that about<br>[01:45] 6:30 that evening, uh, Trump put on on<br>[01:50] fa on on social media that, "Oh, look,<br>[01:53] we have a ceasefire, a two-week<br>[01:55] ceasefire, and they're going to reopen<br>[01:57] the straight, and they have this great<br>[01:58] 10-point plan, and all the bombing's<br>[02:01] going to stop, and everything's just<br>[02:02] going to be fine. Isn't this great?" And<br>[02:04] then since then, he has uh posted a<br>[02:08] number of times uh really contradictory<br>[02:11] stuff. So, he posted that first<br>[02:15] uh<br>[02:17] social media post at about 6:32 if I<br>[02:19] recall correctly, which I might not by<br>[02:21] the way, but 6:32 is in my mind. And<br>[02:24] what was interesting about that was that<br>[02:26] it really seemed very clear that he had<br>[02:30] manufactured a scenario in which he<br>[02:32] could simply declare victory and quit<br>[02:34] because Iran was not going to budge over<br>[02:37] the straight of Hormuz because it gave<br>[02:39] them leverage. And Trump was in way over<br>[02:42] his ears on this one. And so he just<br>[02:44] declared victory. But what was<br>[02:47] interesting about that was part of that<br>[02:50] agreement<br>[02:51] as it was presented um both by the um<br>[02:55] leader of Pakistan, the negotiations<br>[02:57] leader of Pakistan, but also at the time<br>[03:00] of uh American officials was that Israel<br>[03:04] would stop bombing the Hezbollah in<br>[03:06] Lebanon as well because Israel during<br>[03:09] all this has been just flattening<br>[03:11] southern Lebanon. And<br>[03:14] what has happened since then is Israel<br>[03:16] said, "No, we're not covered by this.<br>[03:18] We're not going to stop." So Israel has<br>[03:20] continued to bomb Lebanon and Iran has<br>[03:23] said, "Well, if Israel's not covered,<br>[03:25] we're not going to open the Straight of<br>[03:27] Hormuz." So it closed the Straight of<br>[03:29] Hormuz again. And yesterday Trump said<br>[03:33] somebody asked about the the the opening<br>[03:36] of the Straight of Hormuz because that<br>[03:37] 10-point plan that Trump said was, you<br>[03:40] know, fine with him had one point after<br>[03:45] another. It was the maximalist demands<br>[03:47] from Iran and it included the fact that<br>[03:51] they would have control over the<br>[03:52] straight of Hormuz. And that would this<br>[03:54] wasn't in the plan. This was part of the<br>[03:56] understanding of the plan that they<br>[03:58] would be able to charge tolls going<br>[04:01] through the straight of Hormuz at $2<br>[04:02] million a pop.<br>[04:05] And there's all kind of discussion of<br>[04:06] whether that meant that they would keep<br>[04:07] it or they would split it with Oman or<br>[04:10] you know what was going to happen. Well,<br>[04:11] yesterday Trump said, "Oh yeah, we're<br>[04:13] going to be part of that. You know,<br>[04:15] we're going to take a cut of that. We're<br>[04:16] going to be partners with them." Which<br>[04:18] is what he's been saying. He said on<br>[04:20] Wednesday, you know, we're going to have<br>[04:21] this great golden age of Iran and we're<br>[04:23] going to be hanging out. He actually<br>[04:25] wrote that the US is going to be hanging<br>[04:27] out to to be part of rebuilding Iran.<br>[04:30] The 10-point plan also calls for the all<br>[04:34] the sanctions that have been on Iran to<br>[04:35] be lifted. And again, they were going to<br>[04:37] be making all this money off the street<br>[04:39] of Hormuz. Well, today, this afternoon,<br>[04:41] Trump said, I've heard reports that<br>[04:43] they're charging fees to get through the<br>[04:44] Straight of Hormuz. They they they can't<br>[04:46] do that. They got to stop this. So what<br>[04:50] what you're seeing here is um<br>[04:53] extraordinary weakness first of all on<br>[04:56] Trump's part. He started a war that has<br>[04:58] put Iran in the driver's seat and<br>[05:01] dramatically weakened the United States.<br>[05:04] At the same time, he does not appear to<br>[05:07] have any idea of what was in the plan or<br>[05:11] what his positions are on it because he<br>[05:14] simply wanted to get out of the war in<br>[05:16] whatever terms he could. and he sort of<br>[05:18] again was waiting for somebody else to<br>[05:19] clean up his mess. And Netanyahu was<br>[05:22] like, I'm not going to do this. I'm I'm<br>[05:23] still here. I'm not going anywhere. And<br>[05:26] I'm still going to continue to bomb<br>[05:30] Lebanon, uh where there are more than a<br>[05:32] million refugees, by the way. Now,<br>[05:35] that's interesting. And I do not have<br>[05:37] time today to go into the relationship<br>[05:39] between the United States and Israel,<br>[05:42] but thinking of Netanyahu as a political<br>[05:45] issue in Israel and around the world<br>[05:48] right now. Remember that he's on trial<br>[05:51] for corruption<br>[05:53] and that trial for corruption has been<br>[05:55] halted because of the war in Iran.<br>[05:59] So he doesn't want the war to stop<br>[06:02] because if the war stops, the corruption<br>[06:06] trial starts again on Saturday.<br>[06:09] So the the the willingness of Netanyahu<br>[06:14] to stop bombing Lebanon is tied into his<br>[06:19] willingness to go back on trial for<br>[06:21] corruption, which both he and Trump are<br>[06:23] trying desperately to get him out of.<br>[06:25] Trump has been putting enormous pressure<br>[06:27] on the Israeli president, remember the<br>[06:30] prime minister, on the president to<br>[06:32] pardon him. And the president's like,<br>[06:34] you know, leave me out of this for now.<br>[06:35] It's got to go through the the courts.<br>[06:37] I'm not I'm not taking a stand on this<br>[06:39] right now. But so this idea that there<br>[06:42] has been this miraculous ceasefire<br>[06:46] is falling apart before our eyes right<br>[06:48] now where Israel's still in Iran's still<br>[06:51] in the US. It's not clear what's going<br>[06:54] to happen except Trump said if you<br>[06:55] charge us for the straight of Hormuz<br>[06:57] again I'm or the straight if you charge<br>[06:59] people for the straight of hormuz we're<br>[07:01] going to come in and I believe he said<br>[07:02] something like guns ablazing.<br>[07:05] So the Iran issue has not gone away and<br>[07:10] where we are right now is in the United<br>[07:12] States is in a significantly worse<br>[07:14] position than we were on February 27th,<br>[07:18] 2026.<br>[07:19] And thousands of innocent people have<br>[07:22] been killed or wounded in this attack.<br>[07:26] 13 American servicemen have been killed.<br>[07:28] And today, a number of the servicemen<br>[07:30] who were killed who were uh with those<br>[07:32] killed in Kuwait said that defense<br>[07:35] secretary Pete Hegs suggestion that a a<br>[07:39] squirter had gotten through the defenses<br>[07:42] over their position was untrue, that in<br>[07:44] fact they were undefended is what they<br>[07:46] told CBS News. So, more stories like<br>[07:49] that are going to come out. And there is<br>[07:53] um<br>[07:54] I suspect more that we don't know about<br>[07:57] that rescue operation. And I'm as<br>[07:59] operating as blindly as anybody else is,<br>[08:02] but there are a number of pieces of that<br>[08:04] explanation that don't really seem to<br>[08:08] add up. So I think we're going to be<br>[08:10] hearing more and more coming out of the<br>[08:14] operation of that war that doesn't<br>[08:17] reflect well on the administration and<br>[08:19] and again we still have not actually<br>[08:23] seen this the price spikes<br>[08:26] from this more expensive oil coming out<br>[08:29] uh you know in in the world markets<br>[08:31] because what people trade in when they<br>[08:33] trade is in oil futures and those<br>[08:36] futures are now becoming the present.<br>[08:38] They're not here yet. It's going to be<br>[08:39] within the next week or so. And that of<br>[08:42] course is going to contribute to higher<br>[08:44] prices around the world. uh shortages<br>[08:47] around the world, but also certainly at <!-- deep-read:sections end --> 📄 **Full text:** ![[Full Document Contents/Articles/America’s Current Position in the Iran War Explainer.md|America’s Current Position in the Iran War | Explainer by YouTube]] ## Highlights - of uh American officials was that Israel would stop bombing the Hezbollah in Lebanon as well because Israel during all this has been just flattening southern Lebanon. And what has happened since then is Israel said, "No, we're not covered by this. We're not going to stop." So Israel has continued to bomb Lebanon and Iran has said, "Well, if Israel's not covered, we're not going to open the Straight of Hormuz." So it closed the Straight of Hormuz again. And yesterday Trump said ([View Highlight](https://read.readwise.io/read/01kp21qqane02077qgphrzkh8e)) - Tags: 👻 ai highlighted - through the straight of Hormuz at $2 million a pop. And there's all kind of discussion of whether that meant that they would keep it or they would split it with Oman or you know what was going to happen. Well, yesterday Trump said, "Oh yeah, we're going to be part of that. You know, we're going to take a cut of that. We're going to be partners with them." Which is what he's been saying. He said on Wednesday, you know, we're going to have this great golden age of Iran and we're going to be hanging out. He actually wrote that the US is going to be hanging out to to be part of rebuilding Iran. ([View Highlight](https://read.readwise.io/read/01kp21qqb3afsqvdsgy24a98c2)) - Tags: 👻 ai highlighted