Trump Hits Iran Tankers, Moves to Seize Kharg Island Wallet! #1241

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I was sitting in my office this weekend watching the news on Iran, and I couldn’t help but think that Iran’s decades-long antagonism of America and murder of Americans is finally turning out much like the Chihuahua that finally chased down the milk truck—bark around, find out.

Of course, it took Trump to make this find out a practical reality, after decades of feckless prior presidents bent the American knee to Iran’s relentless yapping—because unlike those prior presidents Trump just does the things that America can and should do.

Now the word on the street—or should I say, the word on the Strait of Hormuz—is that Trump is eyeballing Iran’s Kharg Island like a hungry bear eyes a fat rabbit. If you don’t know, Kharg Island handles about 90% of Iran’s crude oil exports—you can think of it as Iran’s big fat wallet. Seize that asset and suddenly Iran goes from rich boy living large on a trust fund to the kid restocking shelves on the night shift.

Without Kharg Island, Iran simply can’t keep distributing the fast sums of money that maintain its theocratic death-cult grip on the nation—and that theocratic death-cult will find itself eviscerated in precisely the same manner as its several layers of leadership have been eviscerated by American & Israeli bombs and missiles.

Even better is the strategic impact on China. Traditionally, China purchased as much as 80% of Venezuela’s oil exports, and as much as 90% of Iran’s oil exports. With Venezuela now a secured American partner and Iran demonstrably unable to ensure exports as the United States has begun to explode its tanker ships, China is facing a tightening petro-energy noose around its economy. Hear that gagging sound? That’s Xi as the rest of China’s political leadership see his rule of the nation resulting in its economic collapse.

Again, Trump can just do the things America ought long have been doing.

As for America’s enemies, foreign and domestic, black-pilling about sky-rocking prices of oil as a consequence of Trump’s military action against Iran—the brief spike in oil prices immediately after the bombs started dropping has already begun to collapse. Why? Because price setters of crude oil recognize that the world actually has a current oil surplus, America itself floats on an ocean of oil, the US has just secured Venezuela’s oil resources, Trump’s savvy offer of maritime insurance has already brought Lloyds of London back into the market, and any energy spike is likely to be short-lived at worst.

Once more: America's back, baby. Under Sleepy Joe, we'd be begging the UN for permission slips while oil hits triple digits. But with Trump? We're talking leverage on every strategic front, baby—enforce the Donroe doctrine in the American hemisphere, seize Iran’s wallet, stabilize the energy prices, and make China suffer sufficiently to neuter it’s own strategic ambitions against Taiwan, against America, against anybody.

Join me LIVE at 11 AM ET as I break it all down!

Episode #1242.