Reports of continuation of Iran's shipping activity in the south despite the threat of US blockade, Tasnim reports citing sources, says Iran's "sea transportation process continues normally and without interruption"
The continuation of Iran's shipping activity amidst threats of a US blockade suggests an escalation in geopolitical tensions that could impact oil and commodity markets.
US President Trump says the Strait is opening; view war as very close to over
US President Trump complains about US spending on NATO; says relationship with Italy has changed, PM Meloni has been negative
Reports of continuation of Iran's shipping activity in the south despite the threat of US blockade, Tasnim reports citing sources, says Iran's "sea transportation process continues normally and without interruption"
Brazil Election: Genial/Quaest shows Lula 37% vs Flávio Bolsonaro 32% in 1st round; Flavio leads 42%-40% in a runoff
US MBA 30-Year Mortgage Rate (Apr/10) 6.42% (Prev. 6.51%)
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Depending on the durability of this stance, we may see volatility in energy prices and potential sell-off in risk assets, especially if investors perceive increased risks to supply chains. Watch for movements in oil and gold as safe havens become more attractive amid these developments.
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