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Trump is really unpredictable, negotiating every day, and no one knows exactly what he's negotiating. Now he has announced a decision that could shake the global markets.
The U.S. Navy will immediately block the Strait of Hormuz.
Nuclear negotiations in Islamabad lasted nearly 20 hours and ultimately broke down.
Trump's exact words were: Most issues have been resolved, but the only truly critical one—the nuclear issue! No agreement was reached.
The blockade specifically means that all ships entering or leaving the strait will be intercepted and inspected; ships that have paid transit fees to Iran will be denied safe passage, and Iran's sea mines laid in the strait will begin to be cleared.
Anyone who fires on U.S. military or commercial ships will be "completely eliminated."
The direction of oil prices, U.S. stocks, and gold at tomorrow's opening is almost predictable.
I thought the weekend would pass peacefully, but unexpectedly, Trump has delivered another major news.