Iran stops negotiations with U.S., vows to 'completely' block Strait of Hormuz

dgellow 85 points 87 comments June 01, 2026
www.cnbc.com · View on Hacker News

Discussion Highlights (9 comments)

DivingForGold

Here we go ...

david927

A CAPE ratio of 40x and record-high margin debt; what could go wrong?

barbazoo

I'm probably wrong but it seems glaringly obvious to me that the two supposed allies are not at all acting in a coordinated way. One hand doesn't know what the other one is doing or one hand is just ignoring it.

Synaesthesia

I'm glad Iran is teaching the US and Israel a lesson. Their aggression and attacks have gone unchecked for far too long.

outside1234

Can't wait for Trump to offer them $300B of our money for this to go away so he can get back to golfing with our money.

10xDev

There has been a lot of posturing from both sides, this is probably going to continue for a couple of months more before they reach equilibrium.

outside1234

The craziest thing to me is that the conventional wisdom is that this will be over by July. We will be lucky if any ships get through the straight by December.

garbawarb

I suspect Iran's goal is to drag this out until US midterm elections.

OutOfHere

What I don't understand is why the markets and people still believe Trump's repeated lies about the deal. I also don't understand why he started a ceasefire in the first place.

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