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On April 22, 2026, President Trump extended a ceasefire with Iran.
There are no signs that the key Strait of Hormuz will reopen soon.
Iran has learned from the current crisis that it has the ability to disrupt global economies by disrupting maritime commerce through the Gulf.
Iran believes it has a right to control traffic through the Gulf, potentially by charging tolls for ships on a politically discriminatory basis.
Ensuring safe passage through the Gulf would require a considerable and prolonged concentration of American naval assets.
A small group of unauthorized users have gained access to Anthropic's new Mythos AI model.
Anthropic has stated its new Mythos AI model can enable dangerous cyber attacks.
SpaceX has an agreement to acquire the AI startup Cursor for approximately $60 billion later this year.
As an alternative to a full acquisition, SpaceX may pay $10 billion for a partnership with AI startup Cursor.
The Trump administration is nearing a rescue package for Spirit Airlines that could give the government an option to own as much as 90% of the carrier post-bankruptcy.
If the Strait of Hormuz were permanently shut down, the price of oil would be approximately $140 a barrel.
Jay Hatfield believes that if diplomatic efforts fail, the Strait of Hormuz will be reopened by military force, possibly including ground troops.