Trump Repeats Iran Situation Is Very Bad, Says Oil Still Flowing Through Hormuz

The notable signal is the emphasis on Hormuz transit itself, which treats the strait's continued operation as the key variable rather than the conflict's outcome. That framing matters for oil-linked and RWA markets because the chokepoint, not the headline risk, is what transmits into freight, insurance and energy exposure. The open question is whether that transit keeps holding, and whether the repeated link between the war's end and lower prices gains any operational detail beyond repetition.