The David Lin Report

‘Early Phase Of WW3’: What Happens When Once Iran Retaliates? | Doomberg

Jun 23, 2025
Doomberg, the Head Writer of the Doomberg Substack, shares insights on the escalating tensions in the Middle East, particularly Iran's potential to close the strategically vital Strait of Hormuz. He highlights how the oil market is unprepared for such a disruption and discusses the broader implications, suggesting we are witnessing the second major battle of World War III. The conversation also touches on the geopolitical landscape surrounding nuclear issues, the U.S.’s military involvement, and rising uranium prices as energy dynamics shift.
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INSIGHT

Oil Market Ignores Strait Closure Risk

  • The oil market currently does not price in the closure of the Strait of Hormuz. - This suggests the market expects a continuation of low-grade conflict or de-escalation soon.
INSIGHT

Iran's Limited Options Exploited

  • Iran's options beyond closing the Strait include limited missile strikes likely intended as performative moves. - Extended missile exchanges benefit China and Russia while disadvantaging Ukraine.
INSIGHT

Middle East as WWIII Battlefield

  • The current Iran-Israel conflict represents the second major battle of World War III. - Many nations involved view ongoing conflicts as part of a broader global war.
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