Trump wants to rename the Strait of Hormuz “the Trump Strait,” and also said the United States has “completely controlled” it.
Is this bragging without even writing it down? The Strait of Hormuz accounts for 1/5 of global oil transport—if they really controlled oil prices, they would have already knelt down. Renaming won’t fix inflation, nor will it fix rate-cut expectations. Geopolitical talk is escalating; if crude oil price volatility rises, BTC still has to look at the risk-asset mood.👀
$BTC #Geopolitics
Is this bragging without even writing it down? The Strait of Hormuz accounts for 1/5 of global oil transport—if they really controlled oil prices, they would have already knelt down. Renaming won’t fix inflation, nor will it fix rate-cut expectations. Geopolitical talk is escalating; if crude oil price volatility rises, BTC still has to look at the risk-asset mood.👀
$BTC #Geopolitics
