US President Trump posts "Thank you to Saudi Arabia, UAE, and Qatar for your great bravery and help! President DONALD J. TRUMP"

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[MARKET UPDATE] Risk-on move continues following posts from US President Trump; Crude nears lows, fixed reaches session highs, Brent -11%

US President Trump posts "Iran, with the help of the U.S.A., has removed, or is removing, all sea mines! Thank you! President DJT"

US President Trump posts "Thank you to Saudi Arabia, UAE, and Qatar for your great bravery and help! President DONALD J. TRUMP"

US President Trump posts "Now that the Hormuz Strait situation is over, I received a call from NATO asking if we would need some help. I TOLD THEM TO STAY AWAY, UNLESS THEY JUST WANT TO LOAD UP THEIR SHIPS WITH OIL. They were useless when needed"

France’s President Macron says countries discussing the Hormuz mission could not accept any privatisation of the Hormuz Strait; London meeting next week will take place to discuss Hormuz

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Context

This statement from President Trump could signal a strengthening of U.S. relations with key Middle Eastern allies, potentially impacting geopolitical stability in the region. Markets might react by favoring risk assets while also causing fluctuations in oil prices, especially given the involvement of Saudi Arabia and the UAE. Watch for shifts in the USD and commodity prices as traders assess any implications for U.S. foreign policy.

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