The Dumbest Timeline...

The Sunday morning political talking head shows were abuzz with the latest rounds of high explosive tag in the Persian Gulf: Iran drones some ships in the Strait of Hormuz, the US retaliates by striking targeting radars and missile & drone storage facilities, then Iran launches missiles at US bases in Kuwait and Bahrain, and we launch more airstrikes on Iran...

Then suddenly this morning, before sunup, the story breaks on the Wall Street Journal's site: "U.S. and Iran Agree to Halt Days of Fighting Over Strait" and it's all over the teewee news this morning.

The vibe here is so obviously "Quick! Before the markets open!" because Wall Street traders have the object permanence of a toddler playing peek-a-boo. "Where'd mommy go? Oh no! Mommy's gone forever!", except in this case mommy is the Iranian ability to interdict traffic in the Strait.

We are entering a new phase of the war where fighting will primarily occur between Friday evening and Monday morning EDT.