June 21, 2019

AS I’VE BEEN SAYING: Asia has most to lose if Middle East turmoil hits oil supplies. “As Trump spelt out in the interview, the U.S. is no longer as dependent on oil from the Middle East as it was, thanks to burgeoning domestic production. Air Force General Paul Selva, vice chairman of the U.S. Joint Chiefs of Staff, emphasized the message a day later, pointing out that China, Indonesia, Japan and South Korea were heavily dependent on supplies moving through the Strait of Hormuz, and needed to protect their interests. U.S. Secretary of State Mike Pompeo has made similar comments.”

When Iran was America’s problem, much of the world was less than supportive. So Trump’s making Iran the world’s problem.

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