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2026August › 10

Strait

4 days ago

Investors weighed signs of progress toward reopening the Strait of Hormuz against doubts that the U.S. and Iran can reach a broader resolution to the conflict.
The Jones Act waiver extension comes after the Trump administration's latest signs of a deal to reopen the Strait of Hormuz failed to materialize.
Donald Trump has revealed that the US is pivoting to a more 'low-key' approach in the conflict with Iran. It came a day after details emerged on a deal on managing the Strait of Hormuz
The escalating tally underscores how far the two sides remain from resolving a crisis that has choked the Strait of Hormuz for more than five months.
Brent crude prices rise as Tehran says critical waterway will not reopen without major US concessions.
Oil rose as traders assess mixed signals from the U.S. and Iran amid worries that a deal to open the Strait of Hormuz may not be coming anytime soon.
September rate-hike chances have fallen, but a hot inflation print or renewed disruption in the Strait of Hormuz could put them back in play.

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