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Squawk Box Europe Express · Tuesday · 26 min

Trump warns Oman over strait re-opening

President Trump threatens to bomb ally Oman should it impede efforts to re-open the Strait of Hormuz following yesterday’s expiration of the MOU with Tehran with no immediate signs of diplomatic efforts from both sides. Brent moves to beyond $90 a barrel as a result while equities and bonds suffer losses. The U.S. 30-year T-bill surges to its highest level since 2007. The ECB has warned U.S. Big Tech stocks are due a correction and the euro zone’s households, insurers and pension funds are all vulnerable to any potential pull-back. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

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President Trump threatens to bomb ally Oman should it impede efforts to re-open the Strait of Hormuz following yesterday’s expiration of the MOU with Tehran with no immediate signs of diplomatic efforts from both sides. Brent moves to beyond $90 a barrel as a result while equities and bonds suffer losses. The U.S. 30-year T-bill surges to its highest level since 2007. The ECB has warned U.S. Big Tech stocks are due a correction and the euro zone’s households, insurers and pension funds are all vulnerable to any potential pull-back.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

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