HOUSTON — Former Defense Secretary James Mattis offered a sobering take Monday on the Strait of Hormuz, criticizing the Trump administration for what he saw as a failure to think strategically about Iran . Why it matters: The CERAWeek conference here has been clouded by uncertainty over the future of a conflict that's bringing historic supply disruptions — and upending industry planning in the process. - "We're in a tough spot, ladies and gentlemen, and I can't identify a lot of good options," the retired Marine general told attendees at the CERAWeek by S&P conference. Driving the news: If Trump declares victory and pulls back the U.S. military, Iran "would now say we own the Strait," said Mattis, who served in Trump's first term…
HOUSTON — Former Defense Secretary James Mattis offered a sobering take Monday on the Strait of Hormuz, criticizing the Trump administration for what he saw as a failure to think strategically about Iran . Why it matters: The CERAWeek conference here has been clouded by uncertainty over the future of a conflict that's bringing historic supply disruptions — and upending industry planning in the process. - "We're in a tough spot, ladies and gentlemen, and I can't identify a lot of good options," the retired Marine general told attendees at the CERAWeek by S&P conference. Driving the news: If Trump declares victory and pulls back the U.S. military, Iran "would now say we own the Strait," said Mattis, who served in Trump's first term…Open
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