India, April 12 -- President Donald Trump's war against Iran did not achieve his stated goals. When he announced his ceasefire, Iran's nuclear material remained unaccounted for, the country's ballistic missile arsenal remained potent, raining destruction on at least ten different countries, and the regime remained firmly entrenched.
Perhaps Trump's chief achievement was demonstrating just how fragile global energy trade has become.
Approximately 20-25% of the world's maritime oil trade passes through the Strait of Hormuz daily. The majority of its oil flows eastward towards India and China. While the market is fungible, supply is not. U.S. domestic production and now Venezuelan oil inure the United States to supply shortfalls.
India is n...