President Trump said he was “optimistic” about a deal with Iran but subsequently threatened Tehran over charging fees in the Strait of Hormuz. The mixed messaging raises geopolitical risk around a critical oil chokepoint and could increase short-term oil price volatility and risk premia for energy and defense-related assets.
President Trump said he was “optimistic” about a deal with Iran but subsequently threatened Tehran over charging fees in the Strait of Hormuz. The mixed messaging raises geopolitical risk around a critical oil chokepoint and could increase short-term oil price volatility and risk premia for energy and defense-related assets.
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