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High Impact

*TRUMP ON HORMUZ BLOCKADE: HAS BEEN GENIUS, FOOL-PROOF

📅
🏷Markets
📰via WB
✍️Edited by Luís Barata

Former President Donald Trump described the blockade of the Strait of Hormuz as a "genius" and "fool-proof" strategy, suggesting a strong stance on U.S. foreign policy in the region. This rhetoric could influence risk appetite among investors, particularly in energy markets, as tensions in the Middle East often lead to concerns over oil supply disruptions. Crude oil prices are particularly sensitive to geopolitical developments in this area, given that the Strait of Hormuz is a critical chokepoint for global oil shipments. Traders will be watching for any official U.S. policy announcements or military movements in the region that could escalate tensions further.

Source: Originally reported by WB at April 29, 2026. Summary and market context by Trading News Terminal editorial.

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