Move over TACO, NACHO takes over: Trump earns new nickname amid oil disruption from Strait of Hormuz blockade

Move over TACO, NACHO takes over: Trump earns new nickname amid oil disruption from Strait of Hormuz blockade

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Move over TACO, NACHO takes over: Trump earns new nickname amid oil disruption from Strait of Hormuz blockadeMarket analysts have shifted from the ‘TACO’ nickname for President Trump to ‘NACHO’ amid escalating tensions over the Strait of Hormuz. This new label reflects growing skepticism that the crucial global energy route will reopen soon, despite ongoing diplomatic efforts and trade disputes.

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