Trump says US will take over Strait of Hormuz
The US plans to take control of the Strait of Hormuz. Trump stated that Iran has nothing and the US will get paid for guarding the Strait.
The US had a deal with Iran which they broke, according to Trump. This move may lead to an extension of current market trends.
The euro and gold have dipped following these headlines, indicating a potential shift in market sentiment.
The US navy will be involved in the region to protect ships from drones.