The post US President Donald Trump increases pressure on allies over strait of Hormuz—FT appeared on BitcoinEthereumNews.com.

US President Donald Trump warned that the North Atlantic Treaty Organization (NATO) faces a “very bad” future if US allies fail to assist in opening up the strait of Hormuz, the Financial Times reported on Monday. Trump further stated on Sunday that he has demanded about seven countries send warships to keep the Strait of Hormuz open, but his appeals have brought no commitments as oil prices soar during the Iran war. Meanwhile, Australia’s Transport Minister Catherine King told the national broadcaster ABC on Monday that the country will not send ships. “We know how incredibly important that is, but that’s not something we’ve been asked, or we’re contributing to,” the Minister said. Market reaction At the time of writing, the West Texas Intermediate (WTI) is down 0.08% on the day at $97.35. Risk sentiment FAQs In the world of financial jargon the two widely used terms “risk-on” and “risk off” refer to the level of risk that investors are willing to stomach during the period referenced. In a “risk-on” market, investors are optimistic about the future and more willing to buy risky assets. In a “risk-off” market investors start to ‘play it safe’ because they are worried about the future, and therefore buy less risky assets that are more certain of bringing a return, even if it is relatively modest. Typically, during periods of “risk-on”, stock markets will rise, most commodities – except Gold – will also gain in value, since they benefit from a positive growth outlook. The currencies of nations that are heavy commodity exporters strengthen because of increased demand, and Cryptocurrencies rise. In a “risk-off” market, Bonds go up – especially major government Bonds – Gold shines, and safe-haven currencies such as the Japanese Yen, Swiss Franc and US Dollar all benefit. The Australian Dollar (AUD), the Canadian Dollar (CAD),…

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Filed under: News - @ March 16, 2026 4:22 am