I don't really understand the natural order of impact or if someone could enlighten me. By saying that US is willing to declare "victory" or end the war without opening the Straits of Hormuz, wouldn't this in fact be even worse for the stock markets and better for oil prices? The recent rout of the equities market is because of the oil supply shock. By not pushing the reopening of the straits as a war objective should only exacerbate the current issue.
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US back down, trump claims victory and blame ally for not helping with the straits.
Iran starts charging toll on the straits, even tho this will increase the cost of shipping but it is relatively negligible for oil prices, and Iran can declare a win as well plus some steady income.
So win win for both size lmao