TRUMP CONSIDERING TWO OPTIONS, EITHER RESUMING PROJECT FREEDOM OR RESUME THE BOMBING CAMPAIGN & STRIKE THE 25% OF TARGETS THE U.S. MILITARY IDENTIFIED BUT HAS YET TO STRIKE

old but interesting: The United Arab Emirates has carried out military strikes on Iran in early April around the time Trump was announcing a cease-fire. Iran said at the time that the refinery had been struck in an enemy attack and launched a barrage of missile and drone strikes against the U.A.E. and Kuwait in response.

(Iran knew so don't think this news gonna change current situation in any way)

Iran said it has significantly expanded its definition of the Strait of Hormuz and now considers the waterway to encompass a much larger area than before the war.

An official with the Islamic Revolutionary Guard Corps naval forces said Iran would “not allow any kind of encroachment upon its waters and interests.”

JP Morgan's argument is essentially that the strait of Hormuz will reopen because it has to. (Not just JPM but Morgan Stanley, Goldman Sachs also) (All three are expecting SOH to reopen in June at All cost)

Says who?

Most would have never imagined we'd be in mid-May, with little to no prospect of an imminent reopening.

These are unprecedented times. Expect the unexpected

cc Nader Itayim

Old but interesting: Saudi Arabia carried out unpublicized retaliatory strikes on Iran during the war, According to four people familiar with the matter

(so it's gulf war, everyone attacked each other in the end)

An informed source to Fars: Iran will not enter the second round of negotiations with the US without fulfilling 5 confidence-building conditions

Iran's five preconditions:
- ending the war on all fronts
- lifting sanctions
- releasing Iran's blocked funds
- compensating for war damages
- accepting Iran's sovereignty over the Strait of Hormuz

PENTAGON CONSIDERING RE-NAMING IRAN WAR 'SLEDGEHAMMER' IF CEASEFIRE COLLAPSES - NBC

U.S. MILITARY MAY LAUNCH "OPERATION SLEDGEHAMMER" AGAINST IRAN, BYPASSING CONGRESSIONAL 60-DAY WAR POWER LIMITS

. (fyi iran did attack US warships (for making a case)

The discussions about possibly replacing “Operation Epic Fury” with “Operation Sledgehammer” underscore how seriously the administration is considering resuming the war started on Feb. 28, and could allow Trump to argue that it restarts the 60-day clock that requires congressional authorization for war.

NEW NAME NEW 60 DAYS

- TRUMPONOMICS