Shipping association Bimco says awaiting more details on Iran announcing Strait of Hormuz opening before it can comment

The statement from Bimco indicates uncertainty regarding Iran's announcement about the Strait of Hormuz, a critical global maritime route for oil shipments.

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Senior Iranian official says the unfreezing of Iranian assets is part of the agreement to open the Strait of Hormuz, without giving a timeline

France’s President Macron says countries discussing the Hormuz mission could not accept any privatisation of the Hormuz Strait; London meeting next week will take place to discuss Hormuz

Shipping association Bimco says awaiting more details on Iran announcing Strait of Hormuz opening before it can comment

Newsquawk European Market Wrap - 17th April 2026

US President Trump says US will get all nuclear dust created by B2 bombers; no money will exchange hands in any way; deal is in no subject to Lebanon but USA will work with Lebanon and deal with Hezbollah situation appropriately

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Until more details are available, the market may grapple with volatility in energy prices, particularly WTI, as traders assess the implications for supply stability in an already sensitive geopolitical landscape.

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