Hormuz Recovery Odds Rise Amid US-Iran Ceasefire Negotiations
· flowframe Pulse
The market ticked up after a two-week ceasefire was announced on April 8, raising hopes for a diplomatic resolution to the recent maritime blockade. Traders are monitoring high-level talks in Islamabad scheduled for April 11, which aim to formalize the reopening of the strait and eliminate controversial transit tolls by the end of May.
49¢ → 52¢ • Vol: $0.5M