BRENT/short
Hormuz fully open to non-Iranian traffic erases the geopolitical risk premium baked into Brent crude.
the Strait of Hormuz is open to ALL Ship traffic except for Iran
Peak+0.0%
Trump's Truth Social post confirms Hormuz open to all non-Iranian traffic and scraps the 20% cargo fee — Brent crude short is the cleanest trade as the geopolitical risk premium unwinds.
originalthe Strait of Hormuz is open to ALL Ship traffic except for Iran