--- title: "If Trump's words can't be trusted, then the only thing the market can trust is" type: "News" locale: "en" url: "https://longbridge.com/en/news/280272195.md" description: "On March 24, former JP Morgan chief strategist Marko Kolanovic posted on social media, stating that if one cannot believe the comments and posts from the US or Iran, then one should rely on the (only) relevant fact: is oil flowing through the Strait of Hormuz? The answer is: no" datetime: "2026-03-24T07:19:02.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/280272195.md) - [en](https://longbridge.com/en/news/280272195.md) - [zh-HK](https://longbridge.com/zh-HK/news/280272195.md) --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/280272195.md) | [繁體中文](https://longbridge.com/zh-HK/news/280272195.md) # If Trump's words can't be trusted, then the only thing the market can trust is On March 24, former JP Morgan chief strategist Marko Kolanovic posted on social media, stating that if one cannot believe the comments and posts from the US or Iran, then one should rely on the (only) relevant fact: is oil flowing through the Strait of Hormuz? The answer is: no. ![Image](https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/e6059a7d-041d-488a-8c13-4f181afdcb5d.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg) ### Related Stocks - [SttStrtSPDRS&POil&GasExplor&ProdtnETF (XOP.US)](https://longbridge.com/en/quote/XOP.US.md) - [Stt Strt®SPDR®S&P®Oil &GasEqpmnt&SvcsETF (XES.US)](https://longbridge.com/en/quote/XES.US.md) - [United States Oil (USO.US)](https://longbridge.com/en/quote/USO.US.md) - [The Energy Select Sector SPDR® ETF (XLE.US)](https://longbridge.com/en/quote/XLE.US.md) - [ProShares Ultra Bloomberg Crude Oil (UCO.US)](https://longbridge.com/en/quote/UCO.US.md) - [VanEck Oil Refiners ETF (CRAK.US)](https://longbridge.com/en/quote/CRAK.US.md) - [VanEck Oil Services ETF (OIH.US)](https://longbridge.com/en/quote/OIH.US.md) - [United States Brent Oil (BNO.US)](https://longbridge.com/en/quote/BNO.US.md) - [iShares US Oil Equipment & Services ETF (IEZ.US)](https://longbridge.com/en/quote/IEZ.US.md) - [Occidental Petroleum Corporation (OXY.US)](https://longbridge.com/en/quote/OXY.US.md) - [iShares Global Energy ETF (IXC.US)](https://longbridge.com/en/quote/IXC.US.md) - [Vanguard Energy ETF (VDE.US)](https://longbridge.com/en/quote/VDE.US.md) - [iShares US Oil & Gas Explor & Prod ETF (IEO.US)](https://longbridge.com/en/quote/IEO.US.md) ## Related News & Research - [USO Reports 2025 Audited Results Amid Legal Uncertainty](https://longbridge.com/en/news/279989161.md) - [Stock Futures Fall as Investors Monitor Oil Prices, Updates on U.S.-Iran Conflict](https://longbridge.com/en/news/279945016.md) - [Shell leads 2nd consecutive day of fuel hike, diesel price up by 20 cents](https://longbridge.com/en/news/280269598.md) - [From oil to taxes: Here’s exactly what you’re paying for when you buy a gallon of gas](https://longbridge.com/en/news/279813172.md) - [RF&L Wealth Management LLC Buys 6,320 Shares of Chevron Corporation $CVX](https://longbridge.com/en/news/280297546.md)