Oil is nearing a $120 breaking point as US President Donald Trump’s Iran deadline looms, with markets increasingly focused on whether the US–Iran battle for Hormuz control will tip into full escalation. The urgency is rising as the “Power Plant Day” deadline approaches, with no clear resolution in sight. Markets are no longer reacting to […]The post Oil Nears $120 Point of No Return as Trump Deadline Looms and Hormuz “Toll Booth” Battle Decides Outcome appeared first on ActionForex.