
US President Donald Trump has earned a new nickname as tensions over Iran and the Strait of Hormuz fuel fresh market and political commentary. Analysts are now moving from the earlier 'TACO' label for US President to a new term 'NACHO'.
The shift comes amid ongoing blockade between the Trump administration and Iran over control and access to the Strait of Hormuz, a key global energy route and continued disruption to oil shipments that has impacted global fuel prices.