"Trump now sounds little different than Vladimir Putin in how he justifies the conflict-and in how much power he has claimed for himself to dictate America's participation in it. This week, he has declared victory-"We won," he said-but also insisted that "we're not finished yet.""
"Right now, much of the oil and gas that normally comes out of the Persian Gulf and into international markets is trapped on tankers, unable to pass freely through the Strait of Hormuz. The world is very worried about it, and the U.S. has proved indefensibly ill-equipped for the oil shock its attacks have unleashed."
"Whether out of arrogance, capriciousness, or collective amnesia, this recent history was ignored. Tehran engaged in similar tactics during a showdown in the President's first term, threatening to block the strait and disrupt oil infrastructure."
Two weeks into the Iran conflict, the Trump Administration struggles to articulate clear military objectives or economic mitigation strategies. President Trump contradicts himself by declaring victory while stating the campaign continues. His approach mirrors Vladimir Putin's justification tactics and concentration of executive power. The war has disrupted oil supplies through the Strait of Hormuz, trapping tankers and threatening global markets. Secretary of War Pete Hegseth dismisses concerns about Iranian threats to the strait. The Administration appears unprepared for the oil shock despite similar Iranian tactics during Trump's first term, suggesting the situation was overlooked or ignored.
#iran-conflict #oil-market-disruption #trump-administration-policy #strait-of-hormuz #economic-consequences
Read at The New Yorker
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