Markets are heading into Good Friday on a troubling note. Hopes that President Donald Trump would lay out a path to reopening the Strait of Hormuz have been dashed and investors are having to reckon ...
Trump announced potential escalation of military actions against Iran, urging other countries to secure the Strait of Hormuz.
Buy USO (or long WTI via futures/WTI ETF) into the Hormuz blockade rhetoric because the market is calm while oil is repricing—fragile ceasefire + “negotiation tactics” keeps equities/vol contained, ...