1. Trump's statements on reinstating the Iranian blockade and the US potentially guarding the Strait of Hormuz caused crude oil futures to jump 5% and escalated geopolitical tensions.
2. The US technology and semiconductor sectors experienced sharp declines amidst strong market expectations for Federal Reserve interest rate hikes.
3. Jito Network (JTO) token surged over 10% following the announcement to allocate 100% of platform revenue for token buybacks and burns.
Trump Escalates Iran Tensions, Tech Sector Dips, JTO Surges on Burn Plan
