US President Trump says without the US, NATO is a "paper tiger"; they complain about the high oil prices but don't want to help open the Strait of Hormuz; says NATO are cowards and that the US will remember this
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No tankers loaded with crude oil have sailed through Hormuz in the past 24 hours, according to data; Two Indian-flagged tankers loaded with LPG are preparing to sail through Hormuz in the coming days
Pentagon sending three warships and thousands of additional marines to the Middle East, even as US President Trump insists he will not put American boots on the ground in Iran, according to WSJ citing US officials
US President Trump says without the US, NATO is a "paper tiger"; they complain about the high oil prices but don't want to help open the Strait of Hormuz; says NATO are cowards and that the US will remember this
Paramount SkyDance (PSKY) is reportedly to lay off 6% of staff, CBS News reports
NATO mission in Iraq to start evacuating temporarily due to regional circumstances, according to state news agency citing sources
On the Newsquawk feed at , 20 minutes before this page.
Full Post: Without the U.S.A., NATO IS A PAPER TIGER! They didn’t want to join the fight to stop a Nuclear Powered Iran. Now that fight is Militarily WON, with very little danger for them, they complain about the high oil prices they are forced to pay, but don’t want to help open the Strait of Hormuz, a simple military maneuver that is the single reason for the high oil prices. So easy for them to do, with so little risk. COWARDS, and we will REMEMBER! President DONALD J. TRUMP
Context
President Trump's comments reflect heightened tensions within NATO, particularly regarding energy security and military cooperation. This rhetoric could exacerbate geopolitical risks, particularly related to oil prices and the stability of the Strait of Hormuz, impacting market sentiment across equities and commodities, especially oil. Investors should watch for potential market reactions to these statements, as they could influence risk appetite and currency flows, particularly in USD and EUR.
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