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Trump’s Low-Key Pivot Leaves Hormuz Oil in Limbo
Trump’s low-key pivot has left Hormuz Oil in limbo. The US President is betting that he can wait out Iran, a strategy which is prolonging uncertainty for oil markets.
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Adjacent reporting
- Trump’s time is running out to avoid a nightmare Strait of Hormuz scenario
- Oil Slips as Trump Spurs Optimism Over Iran Deal: Markets Wrap
- Oil futures fall after Trump pauses U.S. effort to partially reopen Strait of Hormuz
- Oil prices drop 5% after Trump says Iran talks are moving ahead — but Hormuz still a wildcard
- Oil prices decline after Trump reaffirmed he would end the war in Iran ‘very quickly’