President Should Follow His Instincts, Not Energy Markets

Several days ago, President Donald Trump threatened to strike Iranian power plants if free transit wasn’t allowed through the Strait of Hormuz. That potent threat was subsequently delayed with a new deadline of April 6, although new threats may make strikes against energy targets more imminent. Meanwhile, American ground forces continue to converge on the Middle East, and a threat of boots-on-the-ground is becoming more real and more concerning. It is a strategy fraught with risk.