Iran’s daily earnings from oil have doubled since before the war started. “Everyone who’s a strategist could have told you exactly how catastrophic it would be for the global economy,” said US journalist Abby Martin on Novara Live. “But when you’re a hammer, every problem’s a nail.” Meanwhile, at a conference on 27 March, Trump joked that the Strait of Hormuz – the oil channel which Iran has closed to the US – is called the Strait of Trump.

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