French President Emmanuel Macron on Thursday said it would be unrealistic to launch a military operation to force open the Strait of Hormuz after US President Donald Trump challenged allies to work towards reopening it. In unusually strong criticism, Macron accused Trump of constantly contradicting himself on the Iran war and of undermining faith in the NATO military alliance.
None of that fulfills Trump’s obligations to the oil industry to destabilize the world order and keep a risk premium in oil.
Remember, he went begging to the US oil execs for campaign cash, promised they’d get what they wanted. Iran, the blocking of green energy projects, the opening of the rest of Gulf of Mexico to drilling, and Venezuela and more are all paying back that obligation.
That’s the reason Europe, Russia, and China should get together and make a deal without the US. Trump doesn’t just want to prevent Iran from building a nuclear bomb but wants to control Iran just as he’s controlling Venezuela.