Trump's Masterstroke?

Slap-and-tickle routine in Hormuz may have brought China, France to heel on Iran

Not so fast.

Oil prices fell and markets rallied on hopes Trump is close to restarting peace talks with Iran. But even if he manages to open the Strait of Hormuz tomorrow, which seems unlikely, experts say it will take weeks to resume normal shipments of oil. In the meantime, global supplies will continue to tighten. Reassessment of this reality helped …