Author Says U.S. Stepping Back From Taking Out IRGC Gunboats in the Strait of Hormuz Has Pushed Crude Shipping...
According to the author, the U.S. has stepped back from taking out IRGC gunboats in the Strait of Hormuz, creating a vacuum that the IRGC is only too happy to fill.
The author says the result is crude shipping costs that are far above anything seen in 2022. The author says it is time to shut down the IRGC and its gunboats.