WTI Crude 3 hours
69.23 -3.74%Graph down
Brent Crude
71.99 -4.34%Graph down
Murban Crude
66.54 -3.65%Graph down
Natural Gas
3.279 -0.49%
WTI Crude 3 hours
69.23 -3.74%Graph down
Brent Crude
71.99 -4.34%Graph down
Murban Crude
66.54 -3.65%Graph down
Natural Gas
3.279 -0.49%
Trump thought he had all the cards, but Iran played a strait.
Saarkie ... brilliant
"Verse 1]
On a warm summer's evenin' on a train bound for nowhere
I met up with a gambler, we were both too tired to sleep
So we took turns a-starin' out the window at the darkness
'Til boredom overtook us and he began to speak
[Verse 2]
He said, "Son, I've made a life out of readin' people's faces
And knowin' what their cards were by the way they held their eyes
So if you don't mind my sayin', I can see you're out of aces
For a taste of your whiskey I'll give you some advice"
[Verse 3]
So I handed him my bottle and he drank down my last swallow
Then he bummed a cigarette and asked me for a light
And the night got deathly quiet and his face lost all expression
Said, "If you're gonna play the game, boy, you gotta learn to play it right"
[Chorus]
You got to know when to hold 'em, know when to fold 'em
Know when to walk away and know when to run
You never count your money when you're sittin' at the table
There'll be time enough for countin' when the dealing's done
[Verse 4]
Every gambler knows that the secret to survivin'
Is knowin' what to throw away and knowing what to keep
'Cause every hand's a winner and every hand's a loser
And the best that you can hope for is to die in your sleep
[Verse 5]
And when he finished speakin', he turned back toward the window
Crushed out his cigarette and faded off to sleep
And somewhere in the darkness, the gambler, he broke even
But in his final words, I found an ace that I could keep
[Chorus]
You got to know when to hold 'em, know when to fold 'em
Know when to walk away and know when to run
You never count your money when you're sittin' at the table
There'll be time enough for countin' when the dealing's done
[Outro]
You got to know when to hold 'em (When to hold 'em)
Know when to fold 'em (When to fold 'em)
Know when to walk away and know when to run
You never count your money when you're sittin' at the table
There'll be time enough for countin' when the dealing's done
You got to know when to hold 'em, know when to fold 'em
Know when to walk away and know when to run
You never count your money when you're sittin' at the table
There'll be time enough for countin' when the dealing's done"
The dealing's not done ...yet.
Nah, not going by the number of casinos Trompf's lost .
Shamepies to suggest otherwise.
No shame at all...check the numbers on the bottom line...
WTI Crude 17 hours
69.23 -3.74%Graph down
Brent Crude
71.99 -4.34%Graph down
Murban Crude
66.54 -3.65%Graph down
Natural Gas
In your world Bob, not in the real one...
The Strait is closed and that's a fact and it's clear that Iran has leverage over its closure not Trump, not the greatest military in the world, and that's another fact.
Tell you what else.......they're toying with your Messiah.
Go-on tell me I'm wrong.
They're trying OK... they're cutting everyone's nose to spite Trump... he'll spite them right back...he is immune to their petulant BS... we'll see who blinks first.
'.....he'll spite them right back...'
He's 'spited' them more than enough and he's been doing it for over 3 months......it's not working Draad, surely you can see that 'we're winning'...'destroyed their military'....'destroyed their navy'...'killed their leadership'......are the words of a clueless lunatic.
Iran controls the Strait and by so doing controls the economy of the world. He can't even wrest the Strait from their control.
Trump is stuck, he has no cards to play.
The mid-terms are looming and he was hoping in desperation to seal a BS deal before it happens.
Iran giving USA min-draad ... :--)
By
June 28, 2026 3:56 pm ET
Vessels at the Strait of Hormuz on June 18. Reuters
The best selling point for President Trump’s memorandum of understanding with Iran was that at least it opened the Strait of Hormuz. Well, now the regime is trying to nullify those terms by using force against commercial vessels, Gulf states and U.S. bases. All of this violates the deal and calls into question why Mr. Trump signed it.
On Thursday Iran struck a container ship transiting the Strait with a drone. The U.S. responded on Friday with strikes on Iranian missile and drone storage sites and coastal radars. It announced the strike after markets closed as if to demonstrate the economic constraints on U.S. military action.
Iran then hit a tanker carrying Qatari crude. The U.S. retaliated again against Iranian military sites and has escorted oil tankers with heavy air cover. Iran then fired drones and missiles at civilian targets and U.S. bases in Bahrain and Kuwait.
“It is very possible that they will never learn,” Mr. Trump wrote of Iran’s regime on Saturday night. Or is it U.S. decision makers who never learn? Vice President JD Vance has been touting Iran’s “transformed” Islamic Revolutionary Guard Corps leaders ready to “turn over a new leaf” with the U.S. He even reached “gentlemen’s agreements” with them outside the memorandum, Mr. Vance assured critics.
Well, these are no gentlemen. It’s the same terrorist regime, and this is the Battle of Hormuz that Mr. Trump thought he had ducked. In case there was any doubt, foreign minister Abbas Araghchi said Sunday that Iran is solely responsible for managing the Strait under the memorandum. He said “no other country has any responsibility in that regard.” Mr. Araghchi is Iran’s chief negotiator with Mr. Vance.
It wasn’t enough that Mr. Trump gave Iran an oil sanctions waiver without safeguards, promised billions of dollars in frozen assets and stopped sanctions enforcement. The regime wants to conquer the Strait and turn it into a toll booth, with transit by permission only. On a ship-by-ship basis, Iranian foreign policy would determine who crosses. This is the opposite of free navigation and provides no security for energy flows.
Force is the regime’s means to make the world bend. Without it, shippers refused to heed Iran’s dictates for Hormuz during the deal’s early days. Vessels sailed out via the Strait’s southern, Omani lane. Tehran’s demands that ships transit only through the Iranian lane, request access two days in advance, and sign up for special Iranian “insurance” were ignored. Oil prices fell far faster than most experts expected.
In short, the Strait wasn’t going Iran’s way. It was becoming free again—hence the regime’s resort to force. Iran is intimidating Oman and other Gulf states. It may also offer them a cut of the spoils from a tolled Strait, but that hardly sweetens the foul deal for the rest of the world.
The question is why Iran still gets the cash, selling its oil free of sanctions and repatriating the revenue to fund its Revolutionary Guard. If Mr. Trump isn’t ready to resume the U.S. blockade, he can amend Treasury’s sanctions-relief license to require that all proceeds from Iranian oil sales be placed in escrow.
The U.S. needs the leverage for nuclear negotiations, and it was never wise to give Iran a blank check. All the more so now that the regime isn’t respecting the deal, which mandates a cease-fire as well as Iran’s “best efforts for the safe passage of commercial vessels.” That means don’t shoot at them, for starters.
More U.S. “love taps” against Iranian targets won’t impress the hard men in Tehran. They behave as if they have escalation dominance because they think Mr. Trump won’t return to war before the midterm elections. They don’t believe Mr. Trump’s social-media bluster because they see his reluctance to enforce the cease-fire terms.
In the bigger strategic picture, the regime is leaving the President a choice: surrender Hormuz to Iranian terror or fight for it, like he always should have once he started the war, and reopen the Strait by force.
Journal Editorial Report: The week's best and worst from Kim Strassel, Joe Sternberg, Kyle Peterson, and Dan Henninger.
The Dire Straights?
Who broke t he agreement - Iran, Who will suffer as a result - Iran. Who is in charge in Iran - nobody knows.
Who broke t he agreement - Iran, Who will suffer as a result - Iran. Who is in charfge in Iran - no/bo/dy knows.
Who broke t he agreement - Iran, Who will suffer as a result - Iran. Who is in charfge in Iran - no/bo/dy knows.
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"Iran controls the Strait and by so doing controls the economy of the world. He can't even wrest the Strait from their control."
Nonsense, they threaten terrorism... that's not control...if they don't come to the party, none of their oil or anything else will pass through the strait...they need it to be open more than America does...the stuff that's going on now is all theater...the price of crude only increased slightly...they have no cards...only spite and it won't work anymore...