Still no TACO by the US president in the Iran war, instead we have an “ultimatum“ of 48 hours for Iran to reopen the straits of Hormuz. That means Monday night – this evening – and will probably bring even more escalation.

Wait… what?! Scratch that ? as OX goes to press comes the breaking news that that the TACO is back on: Trump has announced a five-day halt on bombing Iran’s energy infrastructure…

Nonetheless, it all remains very bleak. Fed chair ...

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