The

The If you want to see just how bad this energy crisis can become, just read what President Trump and Iran are saying to each other.

On Saturday night, Trump posted amissive to truth social. He wrote,

if Iran doesn't fully open without threat, the Strait of Hormuz, within 48 hours from this

exact point in time, the United States of America will hit and

obliterate their various power plants, starting with the biggest one first. It's a brutal threat

meant to make Iran back down. It did the opposite. In response, the Speaker of the Iranian Parliament

said immediately after the power plants and infrastructure in our country are It did the opposite. In response, the Speaker of the Iranian Parliament said,

immediately after the power plants and infrastructure in our country are targeted,

the critical infrastructure, the energy infrastructure, and oil facilities through the region,

will be considered legitimate targets and will be destroyed in an irreversible manner,

and the price of oil will remain

high for a long time. I'm recording this on the morning of Monday, March 23rd. As I woke up today,

oil prices had fallen a bit because Trump had extended his 48-hour deadline by five days, citing

positive talks with the Iranians. Iran is denying any such talks

have happened. They say Trump is backing down out of fear. They've already hit energy infrastructure

in the region, so their threat is credible. But I don't pretend to know the truth here. The news

and the price of oil and gas are changing radically by the hour.

But here is a key fact that has not changed yet.

The Strait of Hormuz remains mostly closed.

If it stays closed, and even more so if the war expands,

if Iran destroys more energy infrastructure through the region and the U.S. and Israel destroy it inside Iran,

...