Wel well well. Big Daddy Trump has decided that now (maybe, prepare for TACO), the Straight of Hormuz “will now be lifted”. Below is the article.
I am hoping the market reacts positively, but realistically, I question whether or not this is another TACO moment bound to mess with the markets (again).
U.S. blockage on Strait of Hormuz ‘will now be lifted,’ says Trump https://www.ctvnews.ca/world/mideast-conflict/article/us-blockage-on-strait-of-hormuz-will-now-be-lifted-says-trump/