Markets News

Spot gold plummeted by $300 intraday; Trump will provide insurance and naval escort for maritime oil transportation!

Spot gold plummeted by $300 intraday; Trump will provide insurance and naval escort for maritime oil transportation!

· Trump: After the 15% tariff deadline, we will gradually announce tariffs on different countries; will increase tariff agreements with certain countries. This news is bearish for the US dollar. · Iran claims to have destroyed two sets of U.S. military THAAD systems. This news is bullish for crude oil. · Trump announced insurance for maritime crude oil transportation, with the navy escorting ships through the Strait of Hormuz. This news is bearish for crude oil.

Harvey
2026-03-04 08:32:52
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