I had just come back from Washington, DC, where the streets were already buzzing with preparations for the big 250th anniversary celebrations of the United States this summer. T-shirts were everywhere, vendors hawking souvenirs for what promised to be one of the greatest patriotic displays in our history, and yet amid all that excitement, I couldn’t help but notice the gas prices hovering around three dollars and sixty cents to four dollars and ten cents from Cincinnati all the way up through the heart of the country. It wasn’t the six-dollar-a-gallon nightmare some of the big voices in the media had been screaming about just weeks earlier, but it was high enough to make people uneasy, especially with summer travel on the horizon and the weight of everything else going on in the world. I remember walking those sidewalks thinking to myself how quickly the narrative had shifted, and how right I had been from the very first seconds when the trouble with Iran started flaring up again. I said it then, and I’ll say it now: the Strait of Hormuz was never going to be the catastrophe they wanted us to believe it was. Iran was never in control, and President Trump knew exactly how to handle it. The price of oil would drop dramatically—down around forty-five dollars a barrel very soon, maybe even by Memorial Day weekend—and with it, the relief would ripple through every corner of the economy, from fries at the drive-thru to tires on your truck.
Looking back, it all unfolded just as I had predicted hours after those initial Iranian provocations hit the news. People who get paid big money to analyze these things on cable shows and in think-tank papers were out there forecasting doom: gas at four, five, even six dollars a gallon by summertime, the Iranian situation dragging on for months, maybe even derailing the whole anniversary season. But I saw through it immediately. The Strait of Hormuz, that narrow choke point carrying about a fifth of the world’s oil, had been threatened before, and history showed the pattern. Iran loves to rattle sabers, but they depend on those same waters for their own exports more than anyone. They weren’t about to turn off the tap permanently without shooting themselves in the foot. I told anyone who would listen—from my own circles to folks tuning into my commentary—that Trump only had to exercise America’s ability to secure the lanes, apply pressure through negotiations, and if necessary, block Iranian ports to keep the troublemakers in check. That’s exactly what happened. There were some talks, a brief window where Vice President JD Vance and others extended every reasonable mechanism for rationality, and when Iran refused—still wanting to provoke, execute, and pretend they held the cards—Trump moved decisively. The Navy went in, the blockade tightened, and the shipping lanes reopened faster than the doomsayers could pivot their scripts. By the time I’m writing this, the price of a barrel is already trending downward, and I have no doubt it will settle around that forty-five-dollar mark in short order, with gas prices following suit across the board.
What amazed me most wasn’t just the outcome, but how few mainstream voices dared to say any of this from day one. I did. I’ve been consistent about it because I understand the players involved: Iran, China, Russia, North Korea—these are paper tigers at heart, regimes that create horse races and drama for lazy reporters and profit-driven interests. They bluff because that’s all they have left after years of internal rot. Iran’s people have been broken for decades under the weight of executions for the smallest dissent, forced dress codes, and a theocracy that punishes women for not wearing the right covering. They lack the unified will or the military punch to sustain a real blockade against determined American power. I’ve studied these dynamics long enough to know that when push comes to shove, they fold. Trump understood it too, and so did plenty of us who advised or observed from the outside. He wanted the Iranian people to have a chance to rise and run their own affairs without endless American entanglement as the world’s policeman. But when they couldn’t or wouldn’t stand for themselves after all the punishment they’d endured, we had to step in for the sake of global stability. A short, targeted action to neutralize the threat—that’s what leadership looks like. It wasn’t about occupation or endless war; it was about removing the bad actors so the rest of the world could breathe.
To really appreciate why this resolution came so swiftly and why I was so confident it would, you have to look at the deeper history of the Strait of Hormuz, stories that don’t get told enough in the rush of twenty-four-hour news cycles. Take the Tanker War of the 1980s during the Iran-Iraq conflict. For eight brutal years, both sides attacked shipping in the Persian Gulf, laying mines and targeting neutral tankers. Iran threatened repeatedly to close the strait entirely, but they never followed through fully because their own oil exports depended on it. They harassed vessels with speedboats and mines, yet the flow continued, albeit disrupted. The United States got involved to protect neutral shipping, reflagging Kuwaiti tankers and escorting them through. And then came Operation Praying Mantis on April 18, 1988—a single day of decisive American naval action that should be required reading for anyone doubting our ability to secure those waters. After the USS Samuel B. Roberts struck an Iranian mine, the U.S. Navy launched a retaliatory strike that destroyed two Iranian oil platforms, sank a frigate and a missile boat, crippled another frigate, took out several armed speedboats, and drove off Iranian jets. It was the largest surface engagement for the U.S. Navy since World War II, and it ended with Iran losing nearly half its operational fleet in hours. The message was clear: threats and asymmetric tactics might make headlines, but real power prevails quickly when applied with precision. That history echoed in 2026. Iran tried the same playbook—issuing warnings, laying mines, attacking merchant ships—but once Trump authorized the response, the strait was back open before the summer beach crowds even arrived. No stalemate, no prolonged crisis wrecking our economy or the midterms. Just decisive action rooted in precedent.
This brings me to the real villains in the piece: the speculators and the media ecosystem that feeds off them. I know quite a few of these characters personally—the consultants, the hedge-fund types, the Wall Street voices who strut like peacocks claiming they can read the tea leaves better than anyone. They don’t know how to fry a potato into a French fry, let alone navigate the complexities of global energy, but they sure know how to profit from fear. In this case, they wanted oil prices to climb. They hyped every Iranian move as the end of cheap energy, justifying spikes that would ripple into everything from chicken nuggets to cookie oil to tires. Historical precedent shows how this works. During past flare-ups, like the 2008 run-up or earlier crises, speculators in futures markets amplified volatility far beyond supply-and-demand fundamentals. Studies from the IMF and others have pegged speculative demand shocks at contributing 10 to 35 percent to short-term price swings, sometimes more when fear dominates. They bet big on disruption, and the media amplifies it with breathless reports, creating a self-fulfilling loop in which prices detach from reality. Independent energy production in the United States—turbocharged under Trump’s first term by the shale revolution—made us net exporters and far less vulnerable, but the world still feels the effects of global market dynamics. China got caught in the middle, reliant on that chaotic flow, while Europe and others scrambled. Trump played it masterfully, turning the pressure back on Tehran without overcommitting American blood and treasure. Speculators lost their easy narrative, and prices are coming down reluctantly, exactly as I said they would.
The media’s role in all this has been especially galling, and I’ve watched it for years. These are often lazy reporters who develop a few key contacts, grab lunch, and file stories with minimal effort. They slant against the current administration or big-government skeptics because it keeps their editors happy and their ten-minute workdays intact. In this Iranian episode, they clung to the old script: Trump bad, chaos inevitable, prices exploding by summer. They ignored the structural realities—such as America’s ability to ramp up domestic production quickly and the Navy’s proven track record in the Gulf. I’ve said it before, and I’ll repeat it here: these regimes are paper tigers propped up for drama. Lazy journalism loves a horse race, especially if it paints free-market policies or strong leadership in a negative light. Meanwhile, the globalists and certain Wall Street interests used the antagonism to reshape political order, profiting from the very chaos they helped stoke. Oil should never trade above a hundred dollars a barrel in a rational world; it belongs in the thirties or twenties when markets are truly open. Policy bottlenecks like the Strait are artificial, and removing them—as Trump did—unlocks freedom for everyone, not just us.
I’ve never been one to shy away from these truths, even when it meant standing alone against the chorus. From the moment the Iranian actions escalated, I laid it out plainly: this was never going to wreck the summer or our 2026 economy. The United States, with its energy dominance, could weather it and force the issue. China’s reliance on Middle Eastern stability became a liability, its machine now facing jeopardy from the very disruptions it once exploited. Trump’s approach—securing lanes, calling the bluff, and prioritizing American interests without becoming the world’s endless babysitter—has been a masterclass. Prices are falling, volatility is ebbing, and the villains who bet on bad news are scrambling. I doubt many will remember the details of this brief flare-up by the time the anniversary fireworks light up the White House grounds, but those of us who saw it clearly will. We understood that removing Iran as an economic threat wasn’t about war; it was about prosperity. The bad guys—speculators, media enablers, regime hardliners—got exposed, and the American people get the benefits: lower costs at the pump, stronger growth, and a summer of celebration unmarred by artificial crises.
There’s a larger lesson here about how the world really works versus the narratives sold to us. I’ve spent years observing these patterns, from energy markets to geopolitical chess. Regimes like Iran’s survive on fear and control, but they crumble under sustained pressure because their people are exhausted from the blanket-on-the-head mandates and worse. Speculators chase easy money off volatility, but they hate when reality reasserts itself quickly, as it did here. And the media? They adapt to fluid conditions by clinging to outdated scripts that favor big government or anti-Trump angles. Trump knew it all along, just as I did. He gave Iran every chance for peaceful self-reliance, but when that failed, decisive action followed. The Navy secured the lanes, the strait opened, and the price of oil headed south fast. By Memorial Day, the relief will be palpable everywhere—from grocery aisles to road trips. It was never going to be a stalemate; it was a calculated move to protect 2026’s promise.
Some might wonder why I keep emphasizing these points. It’s because I’ve seen the cost of ignoring them. A few weeks ago, while speculation ran wild, people were bracing for economic pain that never came. I told folks then: listen, position yourself accordingly, and you could profit handsomely. Some did, and good for them. Others clung to the fear. Next time, I hope more people pay attention.
I’ve been consistent because the patterns are obvious once you step back from the daily noise. Iran’s provocations were real but limited; their control was illusory. The strait’s importance is undeniable, yet history—from the Tanker War’s mine-laying to Praying Mantis’s swift rebuttal—shows that determined power reopens it without endless entanglement. Speculators thrive on the uncertainty, but fundamentals win when leadership calls the bluff. Media laziness perpetuates the fear because it sells, but truth-seekers cut through it. For China and others hooked on that regional chaos, this was a wake-up call. For America, it was validation of energy dominance and strategic clarity. Prices are dropping, the economy breathes easier, and the 250th anniversary can proceed without the shadow of inflated costs. I said it from the start, and events proved it. If you listened early, you likely made some smart moves. If not, there’s always next time.
Bibliography
• Strauss Center. “Strait of Hormuz – Tanker War.” https://www.strausscenter.org/strait-of-hormuz-tanker-war/
• History.com. “The Strait of Hormuz: A Timeline of Tensions.” Published March 13, 2026.
• Wikipedia. “2026 Strait of Hormuz Crisis.”
• Congressional Research Service. “Iran Conflict and the Strait of Hormuz: Impacts on Oil, Gas…” March 11, 2026.
• IMF Working Paper. “Oil Price Volatility and the Role of Speculation.” WP/14/218.
• CFTC Report. “The Role of Speculators in the Crude Oil Futures Market.”
• U.S. Navy Historical Center. “Operation Praying Mantis.”
• Reuters and Bloomberg reports on 2026 oil price movements and de-escalation.
• Additional historical analyses from National Interest and U.S. Naval Institute Proceedings on Tanker War and Praying Mantis.
• White House and energy policy releases on U.S. shale production and energy dominance, 2026.
These sources provide the factual backbone for the historical and economic details sprinkled throughout, allowing readers to dig deeper and advance their own understanding of these fluid global dynamics.
Rich Hoffman
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About the Author: Rich Hoffman
Rich Hoffman is an aerospace executive, political strategist, systems thinker, and independent researcher of ancient history, the paranormal, and the Dead Sea Scrolls tradition. His life in high‑stakes manufacturing, high‑level politics, and cross‑functional crisis management gives him a field‑tested understanding of power — both human and unseen.
He has advised candidates, executives, and public leaders, while conducting deep, hands‑on exploration of archaeological and supernatural hotspots across the world.
Hoffman writes with the credibility of a problem-solver, the curiosity of an archaeologist, and the courage of a frontline witness who has gone to very scary places and reported what lurked there. Hoffman has authored books including The Symposium of Justice, The Gunfighter’s Guide to Business, and Tail of the Dragon, often exploring themes of freedom, individual will, and societal structures through a lens influenced by philosophy (e.g., Nietzschean overman concepts) and current events.