Bessent suggests a potential deal within days to reopen the Strait of Hormuz for free pass
Bessent suggests a potential deal within days to reopen the Strait of Hormuz for free passage, which could ease supply chain risks in oil and shipping markets.
“Bessent says: "There may be deal Tuesday or Wednesday to open Strait of Hormuz with freedom of movement" I think markets might like the sound of this. https://t.co/qXc8u2050N”Original post:X / @aleabitoreddit ↗
Related stocks
USOBearish
-5.03% today
-21.36% 90d
Opening the Strait of Hormuz would increase oil supply, potentially lowering oil prices and impacting oil ETFs.
Trade ↗