Iran says non-hostile countries can coordinate access to the Strait of Hormuz, according to Press TV
Iran's announcement that non-hostile countries can coordinate access to the Strait of Hormuz signifies a potential easing of tensions in a critical shipping lane for oil.
Iranian Parliament Speaker Ghalibaf's adviser Mohammadi says it is Trump who has about 20 hours to either surrender to Iran or his allies will return to the Stone Age, while he added that they will not back down
Japanese Foreign Exchange Reserves (Mar) 1374.7B (Prev. 1410.7B)
Iran says non-hostile countries can coordinate access to the Strait of Hormuz, according to Press TV
Explosions reported in Damascus, Syria, with cause and nature of blasts currently unknown
Japanese Finance Minister Katayama says won't comment on JGB yield levels and will refrain from commenting on levels in the markets, adds impact of Middle East and oil prices on the market is high
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This could reduce risks for oil prices, particularly WTI and commodities, while affecting currency flows, especially for nations highly reliant on oil imports. Traders should monitor the situation as this may lead to increased stability in the region, impacting related asset classes like energy and metals.
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