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Figure Heloc Trump on Truth Social:All of those countries that can’t get jet fuel because of the Strait of Hormuz, like the United Kingdom, which refused to get involved in the decapitation of Iran, I have a suggestion for you: Number 1, buy from the U.S., we have plenty, and Number 2, build up some delayed courage, go to the Strait, and just TAKE IT. You’ll have to start learning how to fight for yourself, the U.S.A. won’t be there to help you anymore, just like you weren’t there for us. Iran has been, essentially, decimated. The hard part is done. Go get your own oil! President DJT
This article was written by Giuseppe Dellamotta at investinglive.com.
💡 DMK Insight
Trump’s comments about jet fuel supply from the U.S. could stir geopolitical tensions, impacting oil prices and related markets. With the Strait of Hormuz being a critical chokepoint for oil shipments, any disruption or perceived threat could lead to volatility in crude oil prices. Traders should keep an eye on Brent and WTI futures, especially if tensions escalate. If countries like the UK start shifting their fuel sources, it could create a ripple effect, influencing not just oil but also currencies tied to oil-exporting nations. Watch for key resistance levels in crude oil around recent highs, as a breakout could signal a bullish trend. On the flip side, if this situation de-escalates, we might see a pullback in oil prices, which could benefit consumers but hurt oil stocks. Keep an eye on the daily charts for signs of reversal or continuation patterns as this story develops.
📮 Takeaway
Monitor Brent and WTI futures closely; any escalation in tensions could push prices above key resistance levels, impacting related assets.
