Today’s post runs through key questions now that a ceasefire is in the making. There’s powerful vested interests on both sides that want to keep fighting, so it’s unrealistic to expect smooth sailing from here on out. However, what’s gotten us to this point is that the war has become a big political liability for Republicans going into the midterms, so there’s every incentive to end hostilities and reopen the Strait of Hormuz. • Is the war over? This war has turned into a political nightmare for Republicans. The only way out is to end the fighting and reopen the Strait of Hormuz, so that global oil markets normalize ... (full story)