Skeptical but Optimistic … my thoughts on the MOU

| June 19, 2026

The editor of TheHustings requested the regular contributors to comment on what we expect from the US-Iran Memorandum of Understanding (MOU) to be formally released today. My short comment below was included: Markets are cheering the US-Iran MOU and promised reopening of the Strait of Hormuz after being close for the last 100 days. Oil […]

Investors and economies reliant on oil respond positively

| June 16, 2026

Yesterday’s announcement of a preliminary Memorandum of Understanding (MOU) between the US and Iran marks a significant step toward de-escalation after months of conflict. The interim agreement, which includes reopening the Strait of Hormuz to commercial shipping, has already delivered tangible relief to global markets. President Trump stated that the strait “will be completely opened” […]

Desultory - des-uhl-tawr-ee, -tohr-ee

  1. lacking in consistency, constancy, or visible order, disconnected; fitful: desultory conversation.
  2. digressing from or unconnected with the main subject; random: a desultory remark.
My Desultory Blog