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Trump Broke The Iran Deal; Suddenly Hormuz Doesn't Matter?

Right, so it seems the Strait of Hormuz might not matter anymore.

Well there’s a twist after 5 months of war basically closed the bloody thing to most shipping, closed one of the most important energy transport routes in the world for the likes of oil and gas; presumably the orange wombat in the White House just blockaded it for s**ts and giggles then? Who knew?

Yet after months of war, blockades, and everyone panicking about keeping it open, Trump's own Treasury Secretary is now suggesting Hormuz might as well be a puddle in the desert.

Who needs Hormuz, really?

It's remarkable how the…

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