Saturday. April 18th 2026: HORMUZ WHIPLASH: OPEN, THEN SHUT

Today’s episode covers a dramatic day: Iran’s foreign minister declared the Strait of Hormuz fully open, sending oil prices crashing 11% and stocks to record highs (Dow +800, S&P and Nasdaq all-time records). Then hours later, Iran’s parliament speaker reversed the entire announcement, accusing Trump of seven false claims and imposing three conditions that amount to IRGC military control over the strait. Ships were seen turning away.Also covered: Trump warns Iran “we may have to start dropping bombs again” if talks fail. The Lebanon ceasefire enters Day 2 with violations reported by both sides. Tens of thousands of displaced Lebanese try to return home. New US-Iran talks reportedly set for Monday, with the ceasefire expiring Wednesday. DHS shutdown hits Day 63.