In this episode, Walter Shub explores the recent developments in the ongoing conflict involving Iran and the strategic Strait of Hormuz. Despite initial reports of a breakthrough agreement to open the straits, tensions remain high as Iran's Revolutionary Guard continues to exert control over this critical maritime passage. Walter discusses the implications of Iranian speedboats boarding tankers and the potential economic fallout for both Iran and the global economy.He argues for a decisive strategy to ensure the straits remain open, emphasizing the need for a robust naval presence to counteract Iran's tactics. Walter's insights shed light on the delicate balance of power and the urgent need for action to prevent further escalation.