📰 **‘Not a Chance Hormuz Opens’: How Wall Street’s new NACHO trade bets on a prolonged oil shock**

Traders are embracing the “NACHO” trade, betting Hormuz disruptions and elevated oil prices will persist longer than expected.

🔗 https://www.cnbc.com/2026/05/08/traders-nacho-trade-strait-hormuz-oil-markets-taco-trump-iran.html

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