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Oliver Buchannon
Diego Miranda

Trader. Independent analysis on the Hormuz crisis — where geopolitics meets the markets. Weekly at The Hormuz Ledger.

I came in at the end. The best is over

Mar 17, 2026

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4 min read

I came in at the end. The best is over

Iran isn't just closing a strait. It's dismantling infrastructure that took decades to build and will take decades to replace

Diego Miranda
Diego Miranda
Things will not calm down. They will, in fact, calm up

Mar 15, 2026

•

10 min read

Things will not calm down. They will, in fact, calm up

When the world's sole superpower needs to ask for help reopening a shipping lane, the lane stays closed.

Diego Miranda
Diego Miranda

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