Strait of Hormuz Risk



Trump says he is skeptical about the possibility of a Strait of Hormuz blockade.

This is important because Hormuz is one of the most sensitive routes for global oil supply. Any fear around this area can quickly impact Oil prices, inflation expectations and investor sentiment.
For markets lower blockade risk can bring some relief.

But US-Iran tension is still not fully over.

Less fear around Hormuz is positive for markets.
But traders should still watch Oil, Gold and geopolitical headlines closely.

In uncertain times, One headline can change the whole mood.

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XAUT1.48%
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