Former President Donald Trump has threatened Oman, stating that the country could be targeted if it interferes in negotiations between the United States and Iran over the strategic Strait of Hormuz. This escalation comes as Oman was involved in discussions with Iran regarding shipping routes in the region. The Strait of Hormuz is a crucial maritime chokepoint for global oil and LNG traffic, making any threat of military action particularly significant. Market participants interpret these developments as reducing the likelihood of a near-term diplomatic resolution between the two countries.
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