US President Trump says when the fake news says that the Iranian enemy is doing well, militarily, against us, it’s virtual treason in that it is such a false, and even preposterous, statement
President Trump's comments reflect escalating tensions with Iran, potentially influencing market sentiment across various asset classes, particularly in energy and currency markets.
US Private Inventory Data (bbls): Crude -2.2mln (exp. -2.3mln), Distillates -0.3mln (exp. -1.3mln), Gasoline +0.5mln (exp. -2.5mln), Cushing -1.8mln
UK government appoints loyalists to fill gaps filled by government resignations, via UK press
US President Trump says when the fake news says that the Iranian enemy is doing well, militarily, against us, it’s virtual treason in that it is such a false, and even preposterous, statement
US NEC Director Hassett says this is a temporary energy shock, Fox Business reports; Trump is confident the Strait of Hormuz will be open soon; on SPR, we're releasing as fast as possible
Iranian Foreign Minister says they are holding consultations to draft regulations concerning arrangements for the Strait of Hormuz in accordance with international law.
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Full post: When the Fake News says that the Iranian enemy is doing well, Militarily, against us, it’s virtual TREASON in that it is such a false, and even preposterous, statement. They are aiding and abetting the enemy! All it does is give Iran false hope when none should exist. These are American cowards that are rooting against our Country. Iran had 159 ships in their Navy — Every single ship is now resting at the bottom of the sea. They have no Navy, their Air Force is gone, all Technology is gone, their “leaders” are no longer with us, and the Country is an Economic Disaster. Only Losers, Ingrates, and Fools are able to make a case against America! President DONALD J. TRUMP
His characterization of media narratives as treasonous could signify a hardened stance, which may affect geopolitical risk perception and lead to volatility in risk assets and foreign exchange valuations.
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