Talks failed over the weekend.
Iran wouldn't stop pursuing nukes.
Wanted control of the Strait of Hormuz... war reparations... frozen assets.
They weren't there to negotiate.
So Trump made the call.
Full naval blockade. Starts at 10 AM.
Oil's up 7%. Futures down 469 points. Goldman beat and still dropped 3%.
Market's trying to price what comes next.
Oliver Renick's hosting. Former Bloomberg TV, TD Ameritrade Network anchor. Now broadcasts from the Cboe floor.
And Brandon Chapman will be jumping on with him.
They’ll break down what this means for oil, stocks, your positions.
— TheoTrade