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Trump says US to start blockading the Strait of Hormuz immediately (www.reuters.com)

submitted 1 day ago by smps@sopuli.xyz to c/nottheonion@lemmy.world

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"Effective immediately, the United States Navy, the Finest in the World, will begin the process of BLOCKADING ‌any ⁠and all Ships trying to enter, or leave, the Strait of Hormuz," said Trump

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[-] ShaggySnacks@lemmy.myserv.one 4 points 1 day ago

My theory is Lumpty Trumpty and the other looters are going to let the price of oil go up before announcing some sort of deal or removal of the blockade. Oil prices start to come down.

Anyone in on the looting gets to rake in the short bets on oil. It's the opposite of a pump and dump scheme.

this post was submitted on 12 Apr 2026

316 points (98.5% liked)

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