Washington-based diplomats reportedly fear China could offer to help reopen the Strait of Hormuz in exchange for US concessions on Taiwan, Politico sources say

• A person close to the White House said there would be “no consequence” for President Trump in “selling out Taiwan.”

This headline highlights a significant geopolitical maneuver, suggesting China may leverage its influence to reopen the Strait of Hormuz while seeking concessions from the US on Taiwan. This could escalate tensions in both trade and security, potentially impacting oil prices and US-China relations—key areas for traders to monitor as the situation evolves.