A conditional two-week ceasefire between the U.S. and Iran — permitting shipping through the Strait of Hormuz — triggered a sharp rally in Asian equities. The agreement materially eases a regional risk premium for energy and shipping, supporting risk assets and likely weighing on oil-security-related spreads and volatility over the near term.
A conditional two-week ceasefire between the U.S. and Iran — permitting shipping through the Strait of Hormuz — triggered a sharp rally in Asian equities. The agreement materially eases a regional risk premium for energy and shipping, supporting risk assets and likely weighing on oil-security-related spreads and volatility over the near term.
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strongly positive
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0.70
