1. Former US President Trump announced plans to blockade the Strait of Hormuz, escalating geopolitical tensions and oil supply risks.
2. A whale address liquidated its silver long position and opened a new $9 million oil long position in response to the US-Iran negotiation impasse.
3. Maritime tensions are rising with reports of an incident near Yemen and Trump's confirmation that NATO and Gulf allies will assist in securing the Strait of Hormuz.
Trump Vows Hormuz Blockade, Regional Tensions Flare, Whales Bet on Oil