"You can't print molecules." - Jeff Currie, The Carlyle Group The Jugular Vein Three weeks ago, most of us couldn’t find the Strait of Hormuz on a map. It is now the most important place on the planet. It is the choke point through which a fifth of the world’s oil must flow. Markets appear to be pricing in a quick resolution that may not come. We believe there's a timely way to position for both outcomes. Iran has said, “None shall pass." The Strait is, for practical pu