The Byproducts of the War on Iran
Iran’s control of the Strait of Hormuz affects not just oil and fertilizer, but also the many oil- and gas-based inputs essential to everyday goods.
Several federal agencies and several state attorneys general are alleging that banks and other companies that facilitate the $400 billion a year municipal bond market have colluded for years in an illegal price-fixing scheme that has netted them massive fees.
From the NY Times
The rest of the story is here.