🚨 OIL PRICES SET TO EXPLODE — HORMUZ BLOCKADE ORDERED 🚨
After 21 HOURS of marathon peace talks in Islamabad, VP JD Vance announced NO DEAL with Iran. Within hours, President Trump ordered the U.S. Navy to BLOCKADE the Strait of Hormuz — “effective immediately.”
Why this matters for OIL: 20% of the world’s crude oil passes through Hormuz. A naval blockade = massive supply shock. WTI could be back above $100 by Monday’s open. Brent crude likely to spike overnight.
Iran refused to halt its nuclear program, demanded $6 billion in frozen assets, and insisted on charging tolls for ships passing through Hormuz.
The two-week ceasefire is officially in limbo. Oil traders better buckle up.
LIVE coverage Monday on @BeginnerTrades — subscribe and hit the bell.
💬 WTI prediction by Monday open? Drop a number in the comments.
#Oil #stockmarket #Iran #Hormuz #BreakingNews #StockMarket #OilPrices #Trump #WTI #CrudeOil
