The US bombed Queshm Island and attacked an Iranian oil tanker overnight.
In retalian, Iran attacked a US ship. And is bombing Kuwait and Bahrain (probably US bases). It is also bombing Irbil in Iraq. Anothe US centre.
Israel jets seen over Beiruit.
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About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal.
He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.
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