Trump told Fox News that tanker crews should “show some guts” and sail through the Strait of Hormuz, according to CNN's Anderson
Newsquawk Staff ·
Trump told Fox News that tanker crews should “show some guts” and sail through the Strait of Hormuz, according to CNN's Anderson.
What it means
Trump's comments about tanker crews navigating the Strait of Hormuz could signal increased tensions in a critical shipping lane, impacting energy markets and risk sentiment. This rhetoric may provoke volatility in oil prices and safe-haven currencies like the JPY and CHF, while also affecting broader FX dynamics against the USD and EUR. Traders should monitor how this sentiment shifts across asset classes as geopolitical risks evolve.
Sources
- Al-Mayadeen correspondent in Iran says Iranian officials believe that Trump wants to bring the nuclear issue into the negotiations, which Iran rejects
- Ukrainian President Zelensky says negotiations between Ukraine, Russia and the US could take place as early as November 10th
- US Midterms (6 days out): Florida flips to a Republican early-vote lead and Kansas narrows further; Crystal Ball shifts House and Senate races towards Democrats
- Israeli election results show Netanyahu's bloc with 53 seats, Eisenkot's bloc with 47 and Arab parties with 19, following the counting of all votes excluding double-envelope ballots, i24 reports
- Atomic Energy Organization of Iran Spokesman says protocol for building small reactors with Russia is being finalized
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