The Financial News

The Financial News

Will Trump “TACO” over the Strait of Hormuz? | The Economist


Oil surged to over $126 dollars a barrel this week as investors lost hope that the Strait of Hormuz would open soon. Analysts like to say that when markets react badly “Trump Always Chickens Out” or “TACO”. The Economist’s top editors ask if this time America’s president will buck that trend.

#trump #finance #iran #oil #markets #economy

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