đš Oil just flipped green in real time.
And the reason should have every trader on edge.
Iran rejected the U.S. proposal to reopen the Strait of Hormuz.
Let that sink in.
The single most important oil chokepoint on the planet 20% of global supply flows through it and Iran just said no.
Markets responded instantly.
WTI erased losses and surged. Equities slipped. The message was clear:
The risk premium is back in oil. And it's not leaving anytime soon.
But here's what the headline isn't telling you:
Trump is reportedly restarting "Project Freedom."
Saudi Arabia. Kuwait. Military base access. Airspace cleared.
That's not diplomatic language. That's pre-positioning.
When allied nations start opening their airspace and bases, the conversation has already moved past negotiation.
The Strait of Hormuz isn't just a shipping lane.
It's a trigger. A pressure valve. A line in the sand that, if closed, sends oil to prices the world hasn't seen in years.
Iran knows this. Washington knows this.
And now the market knows they're not blinking.
Watch energy stocks. Watch tanker routes. Watch every headline out of the Gulf in the next 72 hours.
This just became the most important geopolitical flashpoint of 2025.