Trump meeting Qatar's PM today on Iran's offer: reopen Strait of Hormuz for $8B in frozen funds.
Rubio already called it "unacceptable" yesterday. Trump says war is "highly unlikely" if talks continue.
Hormuz = 20% of global oil flow. Any deal or breakdown here moves energy markets fast. Watch $WTI $BNT crude plays and risk-on/risk-off rotation.
If deal falls apart → oil spike, flight to safety. If it goes through → risk-on rotation, possibly bullish for risk assets short-term.
Eyes on this.
Rubio already called it "unacceptable" yesterday. Trump says war is "highly unlikely" if talks continue.
Hormuz = 20% of global oil flow. Any deal or breakdown here moves energy markets fast. Watch $WTI $BNT crude plays and risk-on/risk-off rotation.
If deal falls apart → oil spike, flight to safety. If it goes through → risk-on rotation, possibly bullish for risk assets short-term.
Eyes on this.