APRIL 17, 2026 AT 12:47 PM
[MARKET UPDATE] Following reports of cash-for-uranium deal, further risk-on seen alongside comments from Iranian FM Araghchi Strait of Hormuz is declared completely open through the coordinated route; Brent reaches a USD 91/bbl handle
Importance
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- Full Post: "In line with the ceasefire in Lebanon, the passage for all commercial vessels through Strait of Hormuz is declared completely open for the remaining period of ceasefire, on the coordinated route as already announced by Ports and Maritime Organisation of the Islamic Rep. of Iran."