Markets doubt Trump's 100% Hormuz claim as oil climbs
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.