04/23/26 Afternoon CommStock Report – BS Isn’t Fertilizer or There Would be No Shortage

President Trump said that he would not extend the ceasefire with Iran and then did…indefinitely. The dual Hormuz Strait blockade continues with both sides interdicting vessels that attempted to transit. Sal Mercogliano (shipping expert) says that there was an open corridor for Iranian ships within the 12-mile territorial waters of Pakistan and India that significant numbers of Iranian ships were using to get through our blockade. Our military was not venturing into Pakastani and Indian territorial waters. Unless the destination of Iranian ships is India, they have to transfer cargos to non-sanctioned ships or leave territorial waters where they become fair game and the US Navy is waiting for them. Trump says that “dual purpose” bridges and power plants are fair game but about the only one who believes that is Vladimir Putin…the war criminal. Trump knows that more bombing of civilian infrastructure would finish off the worlds vastly dimmed favorable perception of America. Also, Iran has enough munitions left to destroy “dual purpose” oil/gas infrastructure of Gulf nations as they surely would retaliate. It matters little if the Strait is open if our Gulf allies’ port loading facilities are gone or if there is nothing to load.   Ukraine…