During a Wednesday evening national broadcast, President Donald Trump portrayed America's actions toward Iran as a demonstration of power. However, he deliberately avoided specifying when the conflict might conclude, vowing instead that the U.S. would strike Iran "with immense force" in the near future. This lack of clarity unsettled financial markets. Investors withdrew due to concerns about a protracted entanglement. Trump sought to alleviate anxieties by minimizing the importance of the Strait of Hormuz, asserting that the U.S. has no reliance on this crucial trade artery. "America brings in virtually no petroleum via the Hormuz Strait and has no plans to do so going forward," he stated. "It is unnecessary for us. It has never been necessary, and it remains unnecessary."
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Bobby Healy is at peace with his drone delivery enterprise being unsexy. “Think of us like a low-cost airline,” the Manna CEO told Fortune. That pitch just landed him $50 million.