Hormuz normalization odds ease as Iran asserts control and proposes tolls

April 1, 2026 · flowframe Pulse

The market pulled back after the IRGC announced the Strait of Hormuz would remain under its firm naval control, defying a U.S. ultimatum to reopen the waterway by April 6. Sentiment further weakened following the Iranian parliament's move to assert sovereignty over the channel via a new 'Management Plan' and reports of a fresh strike on the tanker 'Aqua 1' in the Persian Gulf.

20¢ → 17¢ • Vol: $2.0M

Source: https://flowframe.xyz/pulse/hormuz-normalization-odds-ease-as-iran-asserts-control-and-proposes-tolls-94beac

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