When the announcement was made, oil fell 14% and the markets rejoiced and the Strait remains at 5 percent capacity. Shipping companies haven't resumed. Premiums have not been lowered. The IRGC continues to control traffic by using a small coastal route and charging up to $2 million per ship to pass. This is the ceasefire??? I don't even know what to call this. A military-implicated press release? Since the real physical reality has not changed. The tankers are still stuck. The supply chains remain cut off. Six weeks of airstrikes do not reverse themselves since two governments released statements on the same day. And your argument about oil not returning to normal, it is even worse than that. Even assuming that everything opens tomorrow, it would take months to recover after something like this. We are expecting at weeks just to clear the maritime backlog, more weeks to restart shut-down production, months to rebuild strategic reserves. And that's assuming (which you shouldn't) the ceasefire holds. Iran thinks Lebanon is included. No, no, says the US and Israel. These are not small points, this is the basic form of what peace would even resemble. It is impossible to negotiate when the two parties are literally negotiating over various issues. Russia benefits. China benefits. Energy costs remain high, the US is wasting credibility and ammunition, and the real people can do nothing but wait.. They wait for a system that treats their survival as a secondary calculation to figure out whether it wants to stop killing them yet. The idea of ceasefire is not bad. But to call this one a ceasefire is to be generous to the point of lying.
When the announcement was made, oil fell 14% and the markets rejoiced and the Strait remains at 5 percent capacity. Shipping companies haven't resumed. Premiums have not been lowered. The IRGC continues to control traffic by using a small coastal route and charging up to $2 million per ship to pass. This is the ceasefire??? I don't even know what to call this. A military-implicated press release? Since the real physical reality has not changed. The tankers are still stuck. The supply chains remain cut off. Six weeks of airstrikes do not reverse themselves since two governments released statements on the same day. And your argument about oil not returning to normal, it is even worse than that. Even assuming that everything opens tomorrow, it would take months to recover after something like this. We are expecting at weeks just to clear the maritime backlog, more weeks to restart shut-down production, months to rebuild strategic reserves. And that's assuming (which you shouldn't) the ceasefire holds. Iran thinks Lebanon is included. No, no, says the US and Israel. These are not small points, this is the basic form of what peace would even resemble. It is impossible to negotiate when the two parties are literally negotiating over various issues. Russia benefits. China benefits. Energy costs remain high, the US is wasting credibility and ammunition, and the real people can do nothing but wait.. They wait for a system that treats their survival as a secondary calculation to figure out whether it wants to stop killing them yet. The idea of ceasefire is not bad. But to call this one a ceasefire is to be generous to the point of lying.

When the announcement was made, oil fell 14% and the markets rejoiced and the Strait remains at 5 percent capacity. Shipping companies haven't resumed. Premiums have not been lowered. The IRGC continues to control traffic by using a small coastal route and charging up to $2 million per ship to pass. This is the ceasefire??? I don't even know what to call this. A military-implicated press release? Since the real physical reality has not changed. The tankers are still stuck. The supply chains remain cut off. Six weeks of airstrikes do not reverse themselves since two governments released statements on the same day. And your argument about oil not returning to normal, it is even worse than that. Even assuming that everything opens tomorrow, it would take months to recover after something like this. We are expecting at weeks just to clear the maritime backlog, more weeks to restart shut-down production, months to rebuild strategic reserves. And that's assuming (which you shouldn't) the ceasefire holds. Iran thinks Lebanon is included. No, no, says the US and Israel. These are not small points, this is the basic form of what peace would even resemble. It is impossible to negotiate when the two parties are literally negotiating over various issues. Russia benefits. China benefits. Energy costs remain high, the US is wasting credibility and ammunition, and the real people can do nothing but wait.. They wait for a system that treats their survival as a secondary calculation to figure out whether it wants to stop killing them yet. The idea of ceasefire is not bad. But to call this one a ceasefire is to be generous to the point of lying.

When the announcement was made, oil fell 14% and the markets rejoiced and the Strait remains at 5 percent capacity. Shipping companies haven't resumed. Premiums have not been lowered. The IRGC continues to control traffic by using a small coastal route and charging up to $2 million per ship to pass. This is the ceasefire??? I don't even know what to call this. A military-implicated press release? Since the real physical reality has not changed. The tankers are still stuck. The supply chains remain cut off. Six weeks of airstrikes do not reverse themselves since two governments released statements on the same day. And your argument about oil not returning to normal, it is even worse than that. Even assuming that everything opens tomorrow, it would take months to recover after something like this. We are expecting at weeks just to clear the maritime backlog, more weeks to restart shut-down production, months to rebuild strategic reserves. And that's assuming (which you shouldn't) the ceasefire holds. Iran thinks Lebanon is included. No, no, says the US and Israel. These are not small points, this is the basic form of what peace would even resemble. It is impossible to negotiate when the two parties are literally negotiating over various issues. Russia benefits. China benefits. Energy costs remain high, the US is wasting credibility and ammunition, and the real people can do nothing but wait.. They wait for a system that treats their survival as a secondary calculation to figure out whether it wants to stop killing them yet. The idea of ceasefire is not bad. But to call this one a ceasefire is to be generous to the point of lying.