Trump claims U.S. will close Strait of Hormuz after Iran peace talks collapse
Trump Threatens Strait of Hormuz Closure. Politicians Make Threats. Oil Markets Notice.
What Happened
Trump claimed the U.S. would close the Strait of Hormuz following the collapse of Iran peace negotiations. The Strait handles roughly 20% of global oil transit. No immediate action has been taken.
What's In Your Control
Whether you panic-buy gas (don't). Whether you check oil futures obsessively (also don't). If you work in shipping or energy: monitor developments. For everyone else: this is diplomatic theater unt...