Relevant summaries written by a research analyst to save you time (What is the Recap?). Commentary - NOT advice or a recommendation. See Disclaimers and Terms. CONTEXT = Background ANALYSIS = Reasoning VIEW = Opinion By Edward von der Schmidt Summary - The US and Iran are preparing economic warfare with the Strait of Hormuz, Gulf shipping, and oil supply in the crosshairs. - Higher interest rates are dampening equity enthusiasm even with the Fed more likely to hold in Septemb