#BinancePickAndWin
BlockBeats reports that on June 19, President Trump stated on the 18th that his negotiations leading to the U.S.-Iran memorandum of understanding were aimed at avoiding the conflict escalating into a global economic decline. In an interview with Axios, Trump mentioned that the U.S. "has completely defeated them militarily." This military action effectively showcased America's military might. "Who else could pull off such a blockade? I executed a naval blockade, and not a single ship could break through."
Trump is getting flack from some folks in the U.S. questioning if he's tough enough on Iran. He said if we keep bombarding Iranian targets, the Strait of Hormuz won't be passable. "We won’t be able to get oil for months. As long as you keep dropping bombs, that strait is automatically closed... This could trigger a global economic downturn." Axios reported that sources say Trump has privately expressed concerns about the world's oil reserves running low, and if the Strait of Hormuz stays shut, it could spark a global oil crisis.$BTC
