📊 Financial Market News
Donald Trump said that many empty oil tankers are going to the United States to load what he called the best and highest-quality oil in the world.
He also said that the U.S. is working to clear the Strait of Hormuz, claiming it is to help countries around the world keep trade moving safely.
Saudi Arabia has restored its East-West oil pipeline. Now it can transport about 7 million barrels of oil per day without using the Strait of Hormuz.
Michael Saylor hinted that he may buy more Bitcoin, using the phrase “Think bigger.”
Trump reportedly ordered the U.S. Navy to monitor and surround ships entering or leaving the Strait of Hormuz to increase control and security.
He also said that any ship paying tolls to Iran should be stopped and checked in international waters, warning that such ships may not get safe passage.
Trump warned China that it could face a 50% tariff if it sends weapons to Iran.
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