LanlanCC
03-28

US President Donald Trump announced an ultimatum on Iran's power plants and energy infrastructure, deferring it by 10 days to April 6. It sounds like an intended cooling, but then U.S. forces bombed Iran's heavy-water nuclear facility, a yellowcake mill for uranium processing, and even two of Iran's largest steel plants.

Trump confidently stated at his Miami event that Iran has been completely destroyed, noting that Iran is currently pleading for an agreement, even willing to send eight oil tankers in exchange for negotiation space, and renamed the Strait of Hormuz as the Strait of Trump.

But Iran's top officials responded with a retaliatory response, saying they could not tolerate the extreme pressure of the US to engage in talks and have not yet decided whether to return to the truce

US-Iran Conflict | Would Hormuz Blockade Escalate Oil to $120?
After a 21-hour marathon negotiation, the U.S. and Iran moved from “disagreement” straight to a complete breakdown. President Trump announced a U.S.-led blockade of the Strait of Hormuz, a move that has shattered all of the market’s pricing assumptions over the past week. If the U.S. blockade holds through April, will the Fed be forced into a "Hawkish Pivot" that resets Nasdaq valuations? In the clash between Trump’s "Execution Strategy" and Iran’s "Time-Wasting Strategy," who blinks first before the $120 threshold?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment