IRAN SAYS 19 SHIPS HIT IN 48 HOURS; U.S. SAYS STRAIT OF HORMUZ IS QUIET - w/ Fmr. CIA Larry Johnson
Summary
This episode analyzes the global diesel crisis, challenging US Energy Secretary Chris Wright’s claims that the Strait of Hormuz is fully open. The hosts argue that physical damage to Gulf infrastructure and a global refined product shortage are driving high prices, despite US officials’ optimistic narratives. They discuss the strategic impact of Iran’s naval mines, the limitations of US diesel exports due to the Jones Act, and the geopolitical tensions involving China and Saudi Arabia.
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