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Trump discusses possibility of Strait of Hormuz blockade with oil executives

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White House officials said that Trump met with oil company executives on Tuesday to discuss the necessary months long blockade of the Strait of Hormuz. The news caused the price of US treasury bond bonds to fall, and Brent crude oil rose to 5% within the day. After the commodity trading advisor filled the short position and resold, the support level of the yield curve was broken, and algorithmic trading dominated the market.

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Today 2026-05-01
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