Yeah, And?

 As if it is something new. 

Oil prices jumped more than 8% on Monday after U.S. President Donald Trump announced the United States would reinstate its blockade on Iran, forcing traders to once again price in the risk of prolonged disruption to energy flows through the Strait of Hormuz. Brent crude climbed above $82 per barrel during afternoon trading, gaining more than 8%, while West Texas Intermediate (WTI) surged past $77 per barrel. Monday’s surge wiped out most of the losses that followed last month’s ceasefire, pushing Brent back above $82 and West Texas Intermediate (WTI) above $77 as traders responded to the renewed fighting.

I am not a specialist in oil, but even I can grasp consequences, especially considering military dynamics in the Gulf where the US is stuck in the trap and cannot free itself from the inexorable march of history. The signs are clear, especially considering an appalling "effectiveness" of the US so called air (lack of) defense. 

Meanwhile, Russian and Chinese navies train. 

People asked me to comment on CNO Admiral Daryl Caudle's ideas about US Navy in his interview to Bloomberg. I will.