Trump Shuts the Hormuz Door: Crude Nears $106, Gold Cracks $4,200, Nifty Bleeds
Trump rejected Iran's seven-day plan to reopen the Strait of Hormuz. Brent jumped toward $106, US yields rose and gold broke below $4,200 for the first time since August 5. Silver fell over 4%. Sensex and Nifty slid more than 1% in early trade. Bitcoin stayed near $84,000.