Trump says the Strait of Hormuz will be made “naturally open,” and the market shows disagreement through selling off
Trump expressed optimism in his speech about Iran’s military actions, saying the Strait of Hormuz will be “naturally open,” but he did not provide a specific plan, leading markets to sell off. Iran, in turn, made no concessions and plans to pass legislation to collect transit fees, further increasing uncertainty. The market reaction shows that risk assets underwent broad repricing.
BTC-1.68%
MarketWhisper·04-02 03:36
