Anxiousness and Petulance The U.S. war with Iran has come down to endurance. Washington sees Iran getting squeezed as the blockade eventually causes Iran’s whole oil system to back up and be forced into shutdown. It is estimated that Kharg Island’s storage will be capped out in 12–13 days. Shutting down wells has long-term adverse implications for the regime. Leaders in Tehran believe the U.S. will cave from higher oil prices, causing political problems. Deferred oil futures prices indicate the market sees the crisis coming to an end.  But in the meantime, the problems are hitting Europe. Germany tried a price cap constraint, telling petrol stations they can only raise prices once per day at noon. Retailers used it as...