Wednesday, July 08, 2026

Iran Ceasefire Appears to Fall Apart

And things are going to hell in the Middle East again. Apparently Iran fired at some ship in the Strait of Hormuz and CENTCOM is trying to  "further degrade [Iran's] ability to threaten freedom of navigation in the Strait of Hormuz."

I've said this before, and I'll say it again, I suspect that Iran's Command & Control structure is fractured so it's going to be really hard to get stuff under control. It doesn't take much to fire at a ship the strait.

Predictably, the Stock Market didn't take this news well. I'll suppose we'll have to wait and see what happens.

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