r/WallStreetbetsELITE

Trump thought his insult at Macron was pretty clever.

WHO'S LAUGHING NOW?

One of the largest container lines in the world has seemingly made a handshake with those in charge in Iran.

Let's see what other companies or countries fall under Iran's white list the coming weeks. This is of course very politically driven but could allow for a large number of ships to start passing through, and is a huge middle finger to Cheetoface.

Ultimately this could be very bullish for the stock market in general. Big question is will tankers make the list, as this will relieve oil prices and reduce pressure on the US.

qte

A container ship signaling French ownership has exited the Strait of Hormuz, in what appears to be the first known transit by a vessel linked to Western Europe since the war all but shuttered the vital waterway.

The CMA CGM Kribi sailed from waters off Dubai toward Iran on Thursday afternoon local time, signaling that its owner was French, according to ship-tracking data. It stuck close to the Iranian coast, moving through a channel between the islands of Qeshm and Larak, openly broadcasting its journey. On Friday morning, it signaled that it was off Muscat. Two people familiar with the situation also said the ship had crossed.

....

The Maltese-flagged vessel belongs to CMA CGM SA, the world’s third-largest container line, which is majority-owned by the billionaire Saadé family. The founder immigrated to France from war-torn Lebanon and started the line in 1978, in Marseille, with one leased vessel.

The company and the French ministry of foreign affairs declined to comment. France’s ministry of finance didn’t respond to a request for comment.

unqte

https://www.bloomberg.com/news/articles/2026-04-03/french-owned-container-ship-exits-hormuz-in-first-since-iran-war

Trump thought his insult at Macron was pretty clever.

WHO'S LAUGHING NOW?

One of the largest container lines in the world has seemingly made a handshake with those in charge in Iran.

Let's see what other companies or countries fall under Iran's white list the coming weeks. This is of course very politically driven but could allow for a large number of ships to start passing through, and is a huge middle finger to Cheetoface.

Ultimately this could be very bullish for the stock market in general. Big question is will tankers make the list, as this will relieve oil prices and reduce pressure on the US.

qte

A container ship signaling French ownership has exited the Strait of Hormuz, in what appears to be the first known transit by a vessel linked to Western Europe since the war all but shuttered the vital waterway.

The CMA CGM Kribi sailed from waters off Dubai toward Iran on Thursday afternoon local time, signaling that its owner was French, according to ship-tracking data. It stuck close to the Iranian coast, moving through a channel between the islands of Qeshm and Larak, openly broadcasting its journey. On Friday morning, it signaled that it was off Muscat. Two people familiar with the situation also said the ship had crossed.

The Maltese-flagged vessel belongs to CMA CGM SA, the world's third-largest container line, which is majority-owned by the billionaire Saadé family. The founder immigrated to France from war-torn Lebanon and started the line in 1978, in Marseille, with one leased vessel.

The company and the French ministry of foreign affairs declined to comment. France's ministry of finance didn't respond to a request for comment.

unqte

https://www.bloomberg.com/news/articles/2026-04-03/french-owned-container-ship-exits-hormuz-in-first-since-iran-war

The U.S. stock market is closed today.