Iran's Foreign Minister says the new protocol [in the Strait of Hormuz] to ensure safe passage would be under "specific conditions" and based on Iranian and regional interests
Iran's Foreign Minister's statement regarding the new protocol in the Strait of Hormuz underscores ongoing tensions in the region, which could impact international energy supplies.
South Korean Finance Minister expects market-stabilising effects after parliament passes FX stabilisation bill on Thursday
Newsquawk Daily European Equity Opening News - 18th March 2026
Iran's Foreign Minister says the new protocol [in the Strait of Hormuz] to ensure safe passage would be under "specific conditions" and based on Iranian and regional interests
A second drone was shot down while trying to approach the embassy district, Al Arabiya reports citing an official Saudi Defense spokesman
Newsquawk Daily European Opening News - 18th March 2026
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The insistence on 'specific conditions' reflects Iran's attempts to assert its interests, potentially heightening risks for oil transportation and prices. Traders should monitor this situation closely, as developments here can influence crude oil markets and related assets significantly.
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