The ‘End’ of the Iran War, Strait of Hormuz Control, and the Yen Crisis with Mario Nawfal
Chris joins Mario Nawfal to discuss the "end" of the Iran war, Iran’s growing control of the Strait of Hormuz, collapsing oil flows, and the deepening yen crisis.
Source: Peak Prosperity
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DW NOTE
The phrase "end of the Iran war" appears in scare quotes because there was no war — just a ceasefire that expired, followed by another ceasefire extension. Iran closed the Strait of Hormuz, the U.S. ran out of leverage, and now Washington is negotiating terms that leave Tehran holding the chokepoint. The yen crisis mentioned is real: Japan's carry trade collapsed when the BOJ tightened while the Fed held rates at 3.5-3.75%, forcing dollar swap lines to paper over the unwind.