Trump says the U.S. “will be reimbursed” for helping ships through the Strait of Hormuz. The international oil benchmark, Brent, surpassed $80 per barrel.
Oil jumps 5% after Trump reimposes Iran blockade
Submitted 8 hours ago by realcaseyrollins@hilariouschaos.com to finance@thelemmy.club
https://www.nbcnews.com/business/markets/oil-rises-trump-reimposes-hormuz-blockade-rcna587297
TheVoiceOfRaison@thelemmy.club 8 hours ago
Waaaaaa waaaaaaa fine, I’ll block it myself, waaaaaaa waaaaaa, Iran won’t listen to me.
Where the fuck is the 20% cargo fee going?
Good gravy what a fucking waste a skeleton this man is.
realcaseyrollins@hilariouschaos.com 7 hours ago
Iran was never going to abide by the terms set in the MOU.
My personal conspiracy theory was that Trump opened the Strait back up because allies like South Korea were starting to get more affected than enemies like China. The Strait being opened, even if temporary, prevents them from feeling as much pain as negotiations continue.
TheVoiceOfRaison@thelemmy.club 6 hours ago
It probably doesnt need much thought, its probably just betting on Polymarket then making that thing happen.