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The Sloppy Memo of Understanding and Iran's Control of the Strait of Hormuz. Guest: Jonathan Schanzer. Batchelor and Schanzer discuss a "sloppily" written Memo of Understanding that allows Iran to project control over the Strait of Hormuz. Schanzer notes
Season 8
Episode 1077
Published 12 hours ago
Description
The Sloppy Memo of Understanding and Iran's Control of the Strait of Hormuz. Guest: Jonathan Schanzer.Batchelor and Schanzer discuss a "sloppily" written Memo of Understanding that allows Iran to project control over the Strait of Hormuz. Schanzer notes that while shipping continues, markets remain anxious because Iran is effectively holding international energy hostage. He criticizes the international community's lack of response to this global threat. 1