Jul. 12 at 1:08 PM
$VG so it appears that trump has un-surrendered after Iran, unsurprisingly, gave him absolutely nothing to tuck tail and run with. What does that mean for VG? Well, we see how Iran fights, we hit them then they hit a nearby soft target, such as Ras Laffan or commercial ships, otherwise known as asymmetrical warfare. It seems to me that the only solution to their tactic is to make it cost too much. Power plants, bridges, water desalination, oil and energy infrastructure should indeed be struck and struck hard. However, Trump has been reluctant to do what it takes and so we have a prolonged energy supply deficit due to shipping risk in Hormuz. If on the other hand he follows through with his threats then we will likely see more of the Qatari LNG supply struck and taken off line long term. This is the reality that is still not accepted by the market on this ticker. VG will be benefiting from supply crunch for the foreseeable future. There is no near term end to this conflict.
