TWO UPDATES RELATED TO THE WAR AGAINST IRAN
The war against Iran is so significant, that until it ends most posts will probably be similar to the last two posts, and this one. In this post I will mention two of the biggest developments since the post yesterday.
The first update is regarding the Strait of Hormuz. Before I give the update, let me briefly explain what the Strait is, and why it matters. The Strait of Hormuz is the only sea passage from the Persian Gulf to the open sea. The most important function of the strait is trade, specifically oil, up to 20% of the global oil supply goes through the strait annually.
Keep the previous paragraph in mind, as I give my update about the Strait. Between 80-90 oil tankers traverse the Strait daily, but since Sunday, the Strait has been effectively closed due to threats from Iran. Today and yesterday zero tankers have gone through the Strait.
The second update is about Syria, yes Syria. According to eight sources with knowledge of the situation, thousands of Syrian troops, including rocket units are being moved to the Syrian border with Lebanon. The purpose of the movements is unknown.
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