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The Middle East ceasefire breaks down… Luke Lango says corrections are a feature, not a bug… his gameplan for where to buy… a contrarian 14% Bitcoin play from Jonathan Rose…
As I write on Wednesday, the ceasefire between the U.S. and Iran is over. At least, that’s how President Trump described it.
Overnight, three commercial vessels transiting the Strait of Hormuz came under Iranian attack. The U.S. responded with what Central Command called a “series of powerful strikes,” hitting more than 80 targets across the country. The targets included air defense systems, command-and-control networks, and coastal radar sites.
Meanwhile, the U.S. Treasury withdrew the waiver that had allowed Iran to sell its oil on the global market. And Trump said he may reimpose the naval blockade on Iranian ports.
