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To the right bit, mate.

Yeah, back. Back a bit more. A bit more.

Oh, no, too far.

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You know, I got some news anchors really mad last night when I said on live television that the United States has effectively lost the war with Iran.

Now, it's a bit more nuanced than that because militarily, we may have slightly achieved our goals,

but that is meaningless if our end goals to defaying their ability to fund proxies,

defaying their nuclear enrichment, and stop them from getting nukes weren't achieved. And they

weren't. And the military goals are quite meaningless when Iran is actually gaining more regional

leverage by gaining more control over the Strait of Wormuz. The breaking news report that I see

right now is one ship has passed through the Strait of

Formuz today, and it was not a Western Allied ship.

We got three ships through the Strait of Formuz yesterday compared to the 100 plus that we got

through before the war.

The Strait of Formuz makes up about a quarter of all oil supply passing through for

the world, and now it is effectively closed. We have

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