Trump said the Strait of Hormuz remains open to commercial traffic, but ongoing U.S.-Iran exchanges of attacks are still raising safety concerns on a key oil-shipping chokepoint. While the “open” message reduces immediate disruption risk, the heightened security threat is still likely to keep crude logistics/route-risk elevated and support energy risk premia.
Trump said the Strait of Hormuz remains open to commercial traffic, but ongoing U.S.-Iran exchanges of attacks are still raising safety concerns on a key oil-shipping chokepoint. While the “open” message reduces immediate disruption risk, the heightened security threat is still likely to keep crude logistics/route-risk elevated and support energy risk premia.
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