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In a nutshell, oil is not even approaching its gap, but FX and equities are faring a little (a very little) better.
The news:
- the collapse of recent US–Iran talks
- US Navy would implement a blockade targeting vessels interacting with Iranian ports, focusing on Iranian-linked trade while preserving freedom of navigation for vessels travelling to and from non-Iranian ports through Hormuz.
This article was written by Eamonn Sheridan at investinglive.com.
