Iran's parliament has endorsed closing the Strait of Hormuz, a vital oil transit point off its coast, but analysts are skeptical about the threat from a body without authority to close the strait.
Why it matters: Impeding the strait would likely bring a massive spike in oil prices that would flow through to U.S. consumers.
President Trump's MAGA movement appeared to largely coalesce late Saturday in supporting his decision to strike Iranian nuclear sites, despite its bitter infighting recently over the prospect of the U.S. intervening in the Israel-Iran war.
Why it matters: Skepticism of foreign entanglements is a foundational pillar of Trump's "America First" credo — but so is support for the president.
