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Iran Unwilling to Open Hormuz, Trump Slams NATO 'Cowards', More

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Iran Unwilling to Open Hormuz, Trump Slams NATO 'Cowards', More

Iran said it is unwilling to reopen the Strait of Hormuz, raising the risk of oil supply disruptions and upward pressure on crude prices, shipping costs and insurance. Former President Trump labeled NATO 'cowards', heightening political polarization ahead of elections and likely increasing short-term volatility in defense and risk-sensitive assets.

Analysis

Iran said it is unwilling to reopen the Strait of Hormuz, raising the risk of oil supply disruptions and upward pressure on crude prices, shipping costs and insurance. Former President Trump labeled NATO 'cowards', heightening political polarization ahead of elections and likely increasing short-term volatility in defense and risk-sensitive assets.

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