Oil prices rise 7% and Dow drops 600 points after Trump says ceasefire with Iran is ‘over’

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5 Comments

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  1. Wait…I’m pretty sure the Strait of Hormuz was open, oil was cheaper, and commerce flowing normally BEFORE Trump sent in the Air Force to attack…

    1. It wasn’t just open, it was free! Now, we’ve taught a foreign adversary how to shut it down at any time, without warning AND that they can charge “service fees” to ships that used to pass freely. Has any “loser” in a war ever fined so much economic leverage as a result of that loss?

  2. No doubt Trump is buying stocks as their prices drop due to his actions. Then he’ll concoct some good news, causing a rise the stock prices. He’s the ultimate inside trader.

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