US President Trump posts "I have ordered the United States Navy to shoot and kill any boat, small boats though they may be, that is putting mines in the waters of the Strait of Hormuz"

President Trump's directive to the Navy could significantly escalate tensions in the Strait of Hormuz, a vital chokepoint for global oil supply.

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US President Trump posts "I have ordered the United States Navy to shoot and kill any boat, small boats though they may be, that is putting mines in the waters of the Strait of Hormuz"

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  • Mine “sweepers” are clearing the Strait right now. I am hereby ordering that activity to continue, but at a tripled-up level! 
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Markets may react to this by tightening risk sentiment, with oil prices likely to rise due to fears of supply disruptions and heightened geopolitical risk, while safe havens like gold and the USD might see increased demand as traders seek to hedge against instability.

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