$BTC Every weekend I worry most about Trump causing some trouble. By Sunday I thought nothing would happen, but here we go again. Just days ago, Trump was solemnly promising to keep the Strait of Hormuz open, and true to his word, he announced today that if Iran doesn't open the Strait of Hormuz within 48 hours, the US will completely destroy Iran's power plants.

By tonight, Iran's response came. Not only did Iran say it would completely blockade the Strait of Hormuz, but it's also preparing to launch retaliatory strikes, targeting Middle Eastern energy and other critical infrastructure. Iran is well aware that if it can't hit the US, it can hit America's allies. Iranian officials also stated that Iran will shift from defensive mode to offensive mode, and has stockpiled enough supplies to last at least one year.

Next is to see whether Trump will back down, but regardless of what choice he makes, Trump's war with Iran has already sparked strong controversy both domestically and internationally, and the situation has reached an awkward position. If he continues attacking, it risks the conflict escalating from military strikes into energy warfare and supply chain warfare—the Strait of Hormuz, oil prices, shipping, and global inflation will all be impacted. If he doesn't continue, it's tantamount to admitting that America's previous hardline stance was mostly pressure tactics, which would actually damage America's deterrence.