Wall Street Demands Clarity on Trump’s Hormuz Rescue Plan ...Middle East

OILPRICE - Economy
Wall Street Demands Clarity on Trump’s Hormuz Rescue Plan
It's been a wild ride in crude over the past few days, with Brent crude futures were capped near $84 a barrel on Tuesday afternoon before sliding down to the $81 level late Wednesday afternoon, only to surge back up to $84 this morning... ...as shipping industry insiders and Wall Street analysts await exact details on the Trump administration's proposal to keep tankers transiting the Strait of Hormuz. The critical maritime chokepoint remains paralyzed, raising the risk of an energy shock in parts of the world that rely heavily on those flows, particularly…

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