President Trump extended the deadline to Tuesday for Iran to reopen the Strait of Hormuz as US allies push for a last‑minute deal. The development heightens near‑term geopolitical risk to oil shipments and global trade routes; monitor oil price volatility and energy/shipping sector exposure if talks break down.
President Trump extended the deadline to Tuesday for Iran to reopen the Strait of Hormuz as US allies push for a last‑minute deal. The development heightens near‑term geopolitical risk to oil shipments and global trade routes; monitor oil price volatility and energy/shipping sector exposure if talks break down.
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