Markets doubt Trump's 100% Hormuz claim as oil climbs
TL;DR Summary
Trump claimed the U.S. Navy has 100% control of the Strait of Hormuz, but markets doubt the certainty as oil prices jump; Nvidia is exploring turning its AI chips into a Wall Street‑backed asset class with major managers; Adani’s bribery case in the U.S. was dismissed; Hollywood continues courting China, with Spider-Man: Brand New Day and The Odyssey making strides in the market.
- CNBC Daily Open: Trump's Strait of Hormuz claim meets crude reality CNBC
- Iran war live: Trump claims US in ‘total control’ of Strait of Hormuz Al Jazeera
- Trump demands Iran compensate Americans and protesters after Tehran seeks war reparations Fox News
- Trump Shifts to Economic Pressure, Again, as Iran Won’t Meet His Demands wsj.com
- Trump scoffs at Iran’s demand for war reparations and other Mideast developments AP News
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