03/23/26 Afternoon CommStock Report – Converging Chaos-Trump’s Nirvana

The eye for an eye exchange of strikes on energy infrastructure last week was the escalation between Israel and Iran that alarmed our president to the point where he told them it needed to stop. Israel complied as told. A couple of days later he was threatening Iran’s power plants if Iran did not reopen the strait, so inconstancy is all that is constant. Trump set a deadline for that threat around 7:44 p.m. EDT (2344 GMT). Then early today Trump wrote in a post on Truth Social that all military strikes on Iranian power plants and energy infrastructure would be paused for five days “subject to the success of the ongoing meetings and discussions.” TACO? There are no winners if the Mid-East war devolves into a self-inflicted, burned-out carcass of destroyed oil pipes and tanks at a cost of hundreds of billions of dollars. Over 17 mln barrels of oil were moving out of the Persian Gulf each day before, which as a result of the war has fallen to a trickle of tankers. Pipelines to the Red and Arabian Seas can move 6.5 mln barrels a day, but that is not enough to compensate for the disruption of the strait….