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Trump orders military to pause effort to reopen the Strait of HormuzBlackvegetable » 29 Apr 2026, 2:38 pm » wrote: ↑
The president’s handling of the Iran war has earned him a humiliating new nickname among Wall Street traders who are questioning his ability to reopen a critical global oil route.
Traders have adopted the term “NACHO,” an acronym for “Not A Chance Hormuz Opens,” according to Bloomberg columnist Javier Blas, who reported Wednesday that a trader disclosed the nickname.
