Daily News 04/08/69
Quick! "Trump" reveals. The Strait of Hormuz may resume tomorrow, resulting in a strong drop in global oil.
Donald Trump has revealed that the Strait of Hormuz, the world's major oil transport route, is likely to resume tomorrow if the situation is as expected.
The news immediately put pressure on the energy market, with crude oil prices falling on expectations that more oil supply would return to the global market, and risks.
The transportation side will be relaxed.
Investors continue to keep a close eye on the progress of the situation as it could affect the global price direction of oil, gold and risky assets in the short term.
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