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War headlines today.
- Iran accelerates Hormuz attacks, crushing oil flows.
- Trump readies pre-midterm strikes to preempt Iranian preemption.
- Houthis rain hell on Saudi airports.
- Yanbu resumes exports to Europe. Russia releases diesel nothingburger.
Last week witnessed the largest number of Iranian ship attacks since the war started. Over the weekend, four more occurred, including in the Gulf of Oman.
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About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific's leading geo-politics and economics portal.
He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.
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