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Leveraged Oil ETFs Likely to Surge as Hormuz Tensions Deepen
Oil prices surged Monday after President Trump announced the United States would reimpose a blockade of the Strait of Hormuz and levy a 20% fee on cargo passing through the strategic waterway, escalating tensions in the Middle East.The blockade is set to begin at 4 p.m. ET on Tuesday, July 14, with…
Oil prices surged Monday after President Trump announced the United States would reimpose a blockade of the Strait of Hormuz and levy a 20% fee on cargo passing through the strategic waterway, escalating tensions in the Middle East.The blockade is set to begin at 4 p.m. ET on Tuesday, July 14, with…
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