A new acronym, ‘Nacho’ (Not a Chance Hormuz Opens), is gaining traction among Wall Street traders as tensions between the US and Iran keep the Strait shut. Replacing the earlier “Taco” (Trump Always Chickens Out) label, it reflects rising scepticism over Donald Trump’s ability to resolve the crisis and stabilise global oil markets
From 'Taco' to 'Nacho': Why Wall Street has a new acronym for Donald Trump

