{"id":437428,"date":"2026-09-03T10:00:06","date_gmt":"2026-09-03T03:00:06","guid":{"rendered":"https:\/\/www.swingfish.trade\/blog\/market-news\/trump-maybe-the-strait-of-hormuz-should-be-renamed-the-trump-strait-437428\/"},"modified":"2026-09-03T10:00:06","modified_gmt":"2026-09-03T03:00:06","slug":"trump-maybe-the-strait-of-hormuz-should-be-renamed-the-trump-strait","status":"publish","type":"post","link":"https:\/\/www.swingfish.trade\/blog\/market-news\/trump-maybe-the-strait-of-hormuz-should-be-renamed-the-trump-strait-437428\/","title":{"rendered":"Trump: Maybe the Strait of Hormuz should be renamed the Trump Strait?"},"content":{"rendered":"<div>\n<p>Just a little satire&#8230;.; )<\/p>\n<p>Trump on Truth Social is now posting:<\/p>\n<p>Now that we have it under U.S.A. control, should we change the name Hormuz Strait to TRUMP STRAIT??? Like America itself, it would be \u201chotter\u201d than ever before! Thank you for your attention to this matter. President DONALD J. TRUMP<\/p>\n<p>Why\u00a0so limited?  It is time to rename the\u00a0World to &#8220;Trump&#8221; instead. <\/p>\n<p>Is the\u00a0Strait fully open again?<\/p>\n<p>Meanwhile, crude oil is trading at $90.80. That&#8217;s up $0.60 or 0.65%. That is off the session lows at $88.97. The price on the day before the start of the Iran war was at $67.02.\u00a0At current prices, it is up $23.78, or 35.48% since the start of the war.\u00a0\u00a0Brent crude was at $72.48 on February 27. Brent crude is currently at $95.42. That is up\u00a0$22.92, or 31.62%.<\/p>\n<p>Apparently, crude oil traders have not gotten the memo but in all seriousness (not being childish), for traders, they need to\u00a0see some negative technical shift &#8211; not childish headlines.\u00a0\u00a0<\/p>\n<p>Looking at the 5 minute chart, falling back below the 100 bar moving average near the $90 level would be the minimum technical clue that perhaps the upside momentum is fading (regardless of the headlines). If the price cannot fall below that level, the sellers are not winning (and the Strait of Hormuz is not in full control most likely).\u00a0\u00a0<\/p>\n<\/p>\n<p>                            This article was written by Greg Michalowski at investinglive.com.<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Just a little satire&#8230;.; ) Trump on Truth Social is now posting: Now that we have it under U.S.A. control, should we change the name Hormuz Strait to TRUMP STRAIT??? Like America&hellip;<\/p>\n","protected":false},"author":216,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[86],"tags":[],"class_list":["post-437428","post","type-post","status-publish","format-standard","hentry","category-market-news"],"_links":{"self":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/437428","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/users\/216"}],"replies":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/comments?post=437428"}],"version-history":[{"count":0,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/437428\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/media?parent=437428"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/categories?post=437428"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/tags?post=437428"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}