Taco Tuesday. https://finance.yahoo.com/markets/article/oil-prices-hold-onto-modest-gains-as-trump-announces-gulf-investment-deals-to-replace-20-cargo-fees-122917495.html Oil prices rose on Tuesday after President Trump announced that proposed 20% fees on cargo transiting the Strait of Hormuz would be replaced by investment deals the US will sign with Gulf nations."Based on highly productive conversations with Middle East leadership, I have decided to replace the 20% United States Reimbursement Fee with Trade and Investment Deals that the various Gulf States will be making into the United States," President Trump wrote on Truth Social. "Those Investments will be MASSIVE but, at the same time, extraordinarily good for them, and their future."
Create an account or sign in to comment