Game-changer? Oil dropped on the huge headline that the United States Navy has escorted an oil tanker through the Strait of Hormuz: US NAVY ESCORTED AN OIL TANKER THROUGH THE STRAIT OF HORMUZ WRIGHT'S POST ON HORMUZ OIL TANKER APPEARS TO HAVE BEEN DELETED Newsquawk notes right away crude complex extends on recent weakness, lifting stocks to fresh highs, as US Navy escorted oil tanker through the Strait of Hormuz. This was quickly met with White House 'confirmation' (of sorts), in a now deleted tweet by Energy Secretary Chris Wright: "President Trump is maintaining stability of global energy during the military ... (full story)