Energy Update - Morning Express - Blue Line Futures

President Trump declared the ceasefire over yesterday morning after reports were confirmed that Iran had struck a tanker passing through the Hormuz Strait. The tanker was utilizing a sea route closer to Oman, and technically outside of Iranian sovereign territory - something Iran had deemed unacceptable. Through yesterday's NATO meeting, President Trump reaffirmed his stance, which caused a sharp rally in crude oil prices.Oil pipeline in alaska 2 by jotoya via Pixabay