Latest / Systemic Error Podcast

Jeers as Trump’s removal from power tied to Hormuz reopening: ‘Sounds like a great deal’
U.S. President Donald Trump speaks while hosting a dinner in the Rose Garden at the White House in Washington, D.C., U.S., September 2, 2026. REUTERS/Evelyn Hockstein
The Strait Is Closed by States, Not Tweets
A Chokepoint With Leverage
The reported facts are stark: Iranian authorities are keeping traffic through the Strait of Hormuz at extraordinarily low levels while oil and gasoline prices surge. Mohammad Baqer Zolqadr, an adviser to Supreme Leader Mojtaba Khamenei, tied reopening the waterway to the removal of Donald Trump and Benjamin Netanyahu from office. That is the relevant event. A…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.