US Military 'Trapped' in Iran - '$200 Oil Before End of the Year': Col. Douglas Macgregor

Col. Douglas Macgregor warns that the US military is trapped in Iran, facing severe difficulties in executing a strategic withdrawal from the region.

A continued closure of the Strait of Hormuz is squeezing global supply chains, creating a bullish setup for massive energy price inflation.

The geopolitical disorder is expected to push oil prices to $200 a barrel before the end of the year, signaling high commodity inflation.