A two-week ceasefire was announced by U.S. President Donald Trump contingent on the reopening of the Strait of Hormuz, which Iran said it would reopen on Wednesday. The de-escalation removes an immediate supply-route risk for oil shipments and should reduce the regional risk premium, likely easing upward pressure on oil prices and supporting risk assets and regional markets over the near term.
A two-week ceasefire was announced by U.S. President Donald Trump contingent on the reopening of the Strait of Hormuz, which Iran said it would reopen on Wednesday. The de-escalation removes an immediate supply-route risk for oil shipments and should reduce the regional risk premium, likely easing upward pressure on oil prices and supporting risk assets and regional markets over the near term.
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