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TRUMP JUST KILLED THE HORMUZ RELIEF TRADE. 🚨 Iran offered a 7-day path to reopen the Strait of Hormuz if Washington eased military pressure and lifted its blockade. For oil markets, that was the cleanest bearish catalyst on the table. Then Trump rejected Iran’s ceasefire terms. The two sides are still far apart, and Washington has shown little urgency to return to the June framework. That puts the market right back into the risk-premium trade: Hormuz stays constrained → oil supply risk stays elevated. Diplomacy fails → $CL and $BZ can reprice higher fast. Any renewed strikes → volatility explodes again. The Strait carried roughly one-fifth of global oil and LNG shipments before the war, so this isn’t just another geopolitical headline. The market sold oil on hope. Trump just removed a big piece of that hope. 👀 $CL $BZ #TrumpRejectsIranHormuzReopening #CircleTetherFreezeBitgetHackerWallet