US President Trump says if Iran makes the correct deal, the Strait of Hormuz will open
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US President Trump says if Iran makes the correct deal, the Strait of Hormuz will open
HB Fuller (FUL) says that even if the conflict ends quickly, it expects supply-chain aftershocks and elevated volatility to persist throughout 2026; management reports significant constraints and has received over 40 force majeure letters
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On the Newsquawk feed at , 20 minutes before this page.
- All of the Iranian 'minedroppers' have been struck.
- Iran has a chance to abandon its nuclear ambitions. In the meantime, the US will continue to "blow them away".
- The Middle East conflict was a test for NATO, and it will be remembered.
Context
President Trump's statements hint at a potential easing of tensions in the Strait of Hormuz, contingent on Iran's actions regarding its nuclear program. This could positively impact energy markets, particularly crude oil, and potentially increase risk-on sentiment in equities if a deal is perceived as reducing geopolitical risks. Additionally, any stabilization in the region could support the USD as oil prices stabilize, influencing broader forex dynamics.
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