US-Iran Agreement to Gradually Reopen Strait of Hormuz Leading to Oil Price Drop

Sources from Al Hadath and Arab media report that the US and Iran have reached a consensus to gradually reopen the Strait of Hormuz in exchange for easing the blockade. This development is expected to break the deadlock of trapped ships in the strait within hours. Following the news, international oil prices, including WTI and Brent crude, fell sharply by around 3%. The crisis has also caused a rise in raw material prices since March, impacting companies like Orthex, though profitability remains unaffected so far.

Latest News

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Oil Trims Gains, but U.S.-Iran Attacks Keep Prices Elevated -- Market Talk
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GLOBAL MARKETS-Oil climbs on Gulf clashes as AI drives stocks to weekly rise
05-08
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Deutsche Bank Executive Forecasts Oil Price Drop to $85 per Barrel in US-Iran Ceasefire Scenario
05-08
Dollar Rises After Fresh U.S.-Iran Conflict -- Market Talk
Dollar Rises After Fresh U.S.-Iran Conflict -- Market Talk
05-08
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Market Chatter: Singapore's Oil Product Stocks Hit New Low Amid US-Iran War
05-08
Gold Prices Surge Nearly $46 in Asian Trading as Major US-Iran Development Emerges; NFPs Loom
Gold Prices Surge Nearly $46 in Asian Trading as Major US-Iran Development Emerges; NFPs Loom
05-08
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INDIA STOCKS-Indian shares decline on oil spike as US-Iran attacks dent peace hopes
05-08
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Hong Kong Stock Movement: Brent Crude Surpasses $100 Amid US-Iran Clashes, Shandong Molong Rebounds Over 5% This Morning
05-08
INDIA RUPEE-Oil rise on renewed US-Iran hostilities set to fizzle India rupee rally
INDIA RUPEE-Oil rise on renewed US-Iran hostilities set to fizzle India rupee rally
05-08
Oil futures rise after U.S., Iran trade fire; stock futures quiet after court rejects Trump's tariffs
Oil futures rise after U.S., Iran trade fire; stock futures quiet after court rejects Trump's tariffs
05-08
GLOBAL MARKETS-Oil higher on Mideast hostilities; AI drives Asian stocks to sparkling weekly gains
GLOBAL MARKETS-Oil higher on Mideast hostilities; AI drives Asian stocks to sparkling weekly gains
05-08
国际油市:油价上涨,受美伊紧张局势再度升级影响
国际油市:油价上涨,受美伊紧张局势再度升级影响
05-08
国际油市:油价上涨,受美伊紧张局势再度升级影响
国际油市:油价上涨,受美伊紧张局势再度升级影响
05-08
U.S. Military Strikes Iranian Ports, Straits Tensions Flare Again
U.S. Military Strikes Iranian Ports, Straits Tensions Flare Again
05-08
Asian Equities Fall as U.S.-Iran Exchange Fire
Asian Equities Fall as U.S.-Iran Exchange Fire
05-08
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05-08
《汇市简讯》亚洲前瞻:伊朗停火前景存疑,油价震荡引领市场
《汇市简讯》亚洲前瞻:伊朗停火前景存疑,油价震荡引领市场
05-08
Pre-Market Briefing: US-Iran Tensions Flare Again; Oil Prices See Volatility; PBOC Extends Gold Buying Streak
Pre-Market Briefing: US-Iran Tensions Flare Again; Oil Prices See Volatility; PBOC Extends Gold Buying Streak
05-08
Renewed US-Iran Clashes in Strait of Hormuz Drive Oil Prices Higher
Renewed US-Iran Clashes in Strait of Hormuz Drive Oil Prices Higher
05-08
Oil Prices Surge as Iranian Navy Attacks U.S. Destroyers Near Strait of Hormuz
Oil Prices Surge as Iranian Navy Attacks U.S. Destroyers Near Strait of Hormuz
05-08
Oil Prices Surge Following Renewed Clashes Between U.S. and Iranian Forces
Oil Prices Surge Following Renewed Clashes Between U.S. and Iranian Forces
05-08
油价飙升 美伊军队再次发生冲突
油价飙升 美伊军队再次发生冲突
05-08
Oil rises after U.S., Iran trade fire; stock futures quiet after tariff ruling
Oil rises after U.S., Iran trade fire; stock futures quiet after tariff ruling
05-08
GLOBAL MARKETS-Oil jumps and stock futures slip on renewed US-Iran fighting
GLOBAL MARKETS-Oil jumps and stock futures slip on renewed US-Iran fighting
05-08
US Stock Futures Slide While Brent Oil Futures Rise Nearly 3% as US Forces Engage Iranian Targets Following Warship Assault
US Stock Futures Slide While Brent Oil Futures Rise Nearly 3% as US Forces Engage Iranian Targets Following Warship Assault
05-08
Oil prices gain on renewed US-Iran hostilities
Oil prices gain on renewed US-Iran hostilities
05-08
美国原油期货一度上涨3%,因美伊再度爆发敌对行动
美国原油期货一度上涨3%,因美伊再度爆发敌对行动
05-08
US oil prices jump on US-Iran hostilities
US oil prices jump on US-Iran hostilities
05-08
受美伊局势再度冲突影响,WTI 原油开盘大涨 4%。
受美伊局势再度冲突影响,WTI 原油开盘大涨 4%。
05-08
U.S. and Iran Exchange Fire in Persian Gulf -- WSJ
U.S. and Iran Exchange Fire in Persian Gulf -- WSJ
05-08
GLOBAL MARKETS-Stocks pull back, oil choppy as US-Iran peace deal remains in flux
GLOBAL MARKETS-Stocks pull back, oil choppy as US-Iran peace deal remains in flux
05-08
GLOBAL MARKETS-Stocks dip as oil prices continue pullback on hopes of US-Iran peace deal
GLOBAL MARKETS-Stocks dip as oil prices continue pullback on hopes of US-Iran peace deal
05-08
Nymex Overview: Futures Slide Again on Optimism Over U.S.-Iran Talk to End Conflict -- OPIS
Nymex Overview: Futures Slide Again on Optimism Over U.S.-Iran Talk to End Conflict -- OPIS
05-07
Investors Reduce BOE Rate-Hike Expectations Due to U.S.-Iran Deal Prospects -- Market Talk
Investors Reduce BOE Rate-Hike Expectations Due to U.S.-Iran Deal Prospects -- Market Talk
05-07
Oil Prices Drop Below $100 on Report of New Draft Plan to End Iran War -- Barrons.com
Oil Prices Drop Below $100 on Report of New Draft Plan to End Iran War -- Barrons.com
05-07
Dow Jones Top Markets Headlines at 11 AM ET: Oil Prices Drop Below $100 as Trump Fuels Iran Peace Hopes | U.S. ...
Dow Jones Top Markets Headlines at 11 AM ET: Oil Prices Drop Below $100 as Trump Fuels Iran Peace Hopes | U.S. ...
05-07
GLOBAL MARKETS-Stocks mixed as oil prices continue pullback on hopes of US-Iran peace deal
GLOBAL MARKETS-Stocks mixed as oil prices continue pullback on hopes of US-Iran peace deal
05-07
花旗:油价将持续剧烈波动 等待美伊协议明朗
花旗:油价将持续剧烈波动 等待美伊协议明朗
05-07
报告:油价延续跌势,受美伊达成协议的希望影响
报告:油价延续跌势,受美伊达成协议的希望影响
05-07
MIDEAST STOCKS-Most Gulf markets gain on upbeat earnings, US-Iran peace deal optimism
MIDEAST STOCKS-Most Gulf markets gain on upbeat earnings, US-Iran peace deal optimism
05-07
Stock Track | USO Plunges 5.02% in Pre-market as Oil Prices Tumble on Iran Peace Deal Optimism
Stock Track | USO Plunges 5.02% in Pre-market as Oil Prices Tumble on Iran Peace Deal Optimism
05-07
S&P 500 Ticks Higher as Oil Continues Pullback on Hope U.S.-Iran Deal Is Close
S&P 500 Ticks Higher as Oil Continues Pullback on Hope U.S.-Iran Deal Is Close
05-07
Stock Track | iShares Silver Trust Soars 5.28% in Pre-Market on US-Iran Deal Hopes and Technical Breakout
Stock Track | iShares Silver Trust Soars 5.28% in Pre-Market on US-Iran Deal Hopes and Technical Breakout
05-07
Oil Extends Decline on Hopes for U.S.-Iran Agreement -- Market Talk
Oil Extends Decline on Hopes for U.S.-Iran Agreement -- Market Talk
05-07
U.S. Stock Futures Edge Higher as Oil Extends Decline
U.S. Stock Futures Edge Higher as Oil Extends Decline
05-07
U.S. Stock Futures Advance as Iran's Strait of Hormuz Announcement Sends Oil Prices Tumbling
U.S. Stock Futures Advance as Iran's Strait of Hormuz Announcement Sends Oil Prices Tumbling
05-07
PRECIOUS-Gold climbs to two-week high as US-Iran peace hopes push oil lower
PRECIOUS-Gold climbs to two-week high as US-Iran peace hopes push oil lower
05-07
市场消息:霍尔木兹海峡航运局势预计数小时内迎来突破性进展。 各方正商讨达成相关协议,以缓解封锁现状、允许滞留船舶恢复经由
市场消息:霍尔木兹海峡航运局势预计数小时内迎来突破性进展。 各方正商讨达成相关协议,以缓解封锁现状、允许滞留船舶恢复经由
05-07
GLOBAL MARKETS-Global stocks mixed, oil falls on peace optimism
GLOBAL MARKETS-Global stocks mixed, oil falls on peace optimism
05-07
Iran Establishes Two Shipping Lanes in Strait of Hormuz Amid Reports of US-Iran Deal to Ease Blockade
Iran Establishes Two Shipping Lanes in Strait of Hormuz Amid Reports of US-Iran Deal to Ease Blockade
05-07
伊朗划定两条霍尔木兹航道,报道称美伊达成封锁换开放共识
伊朗划定两条霍尔木兹航道,报道称美伊达成封锁换开放共识
05-07
Middle East Crude-Benchmarks edge lower on optimism over possible end to Iran war
Middle East Crude-Benchmarks edge lower on optimism over possible end to Iran war
05-07
U.S. Treasury Yields, Dollar Decline on Hopes of Strait of Hormuz Reopening -- Market Talk
U.S. Treasury Yields, Dollar Decline on Hopes of Strait of Hormuz Reopening -- Market Talk
05-07
Singapore Shares Extend Gains Amid Positive US-Iran Talks
Singapore Shares Extend Gains Amid Positive US-Iran Talks
05-07
GLOBAL MARKETS-Stocks trade around record highs, oil falls on peace optimism
GLOBAL MARKETS-Stocks trade around record highs, oil falls on peace optimism
05-07
Oil Prices Plunge as Strait of Hormuz Sees Major Breakthrough
Oil Prices Plunge as Strait of Hormuz Sees Major Breakthrough
05-07
Oil Prices Plummet on Optimism Over Iran Peace Breakthrough
Oil Prices Plummet on Optimism Over Iran Peace Breakthrough
05-07
Middle East Media Reports US and Iran Reach Consensus on Easing Maritime Blockade
Middle East Media Reports US and Iran Reach Consensus on Easing Maritime Blockade
05-07
Oil Prices Drop Further. What Comes Next in U.S.-Iran Peace Talks. -- Barrons.com
Oil Prices Drop Further. What Comes Next in U.S.-Iran Peace Talks. -- Barrons.com
05-07
MIDEAST STOCKS-Major Gulf markets gain as earnings lift sentiment amid U.S.-Iran optimism
MIDEAST STOCKS-Major Gulf markets gain as earnings lift sentiment amid U.S.-Iran optimism
05-07
Gold Surges Strongly, Technical Analysis Suggests Buying on Dips
Gold Surges Strongly, Technical Analysis Suggests Buying on Dips
05-07
Oil Prices Plunge as Gold Rises on Reports of U.S.-Iran Agreement to Gradually Reopen Strait of Hormuz in Exchange for Eased Sanctions
Oil Prices Plunge as Gold Rises on Reports of U.S.-Iran Agreement to Gradually Reopen Strait of Hormuz in Exchange for Eased Sanctions
05-07
Dollar, Treasury Yields Turn Lower on Hopes Strait of Hormuz Will Reopen -- Market Talk
Dollar, Treasury Yields Turn Lower on Hopes Strait of Hormuz Will Reopen -- Market Talk
05-07
US Stock Futures Jump on Possible Breakthrough on Strait of Hormuz Shipping Arrangements. Spot Gold Jumps 1% While Spot Silver Gains over 2%
US Stock Futures Jump on Possible Breakthrough on Strait of Hormuz Shipping Arrangements. Spot Gold Jumps 1% While Spot Silver Gains over 2%
05-07
Intensive Talks Underway to Gradually Reopen The Strait of Hormuz: Al Hadath Sources. Oil Futures Fall Around 3% on the News
Intensive Talks Underway to Gradually Reopen The Strait of Hormuz: Al Hadath Sources. Oil Futures Fall Around 3% on the News
05-07
消息称美、伊达成逐步开放霍尔木兹海峡换取缓解封锁的共识
消息称美、伊达成逐步开放霍尔木兹海峡换取缓解封锁的共识
05-07
据沙特媒体Alhadath和阿拉伯电视台:消息人士称,美伊达成关于以逐步开放霍尔木兹海峡换取缓解封锁的共识,未来数小时将
据沙特媒体Alhadath和阿拉伯电视台:消息人士称,美伊达成关于以逐步开放霍尔木兹海峡换取缓解封锁的共识,未来数小时将
05-07
Dongxing Securities: Long-Term Effects of US-Israel-Iran Tensions Warrant Attention, Directly Beneficial Tanker Sector Recommended
Dongxing Securities: Long-Term Effects of US-Israel-Iran Tensions Warrant Attention, Directly Beneficial Tanker Sector Recommended
05-07
Orthex - as Result of Rise in Oil Prices Caused by Hormuz Strait Crisis, Raw Material Prices Began to Increase in March but Has Not yet Had Impact on Co's Profitability
Orthex - as Result of Rise in Oil Prices Caused by Hormuz Strait Crisis, Raw Material Prices Began to Increase in March but Has Not yet Had Impact on Co's Profitability

User Discussion

avatarAN88
05-10
[Miser]
avatarJC888
05-07
Hi Wallstreet Tiger, thanks for selecting my post to share, so more people will get to read about it... Tks

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Hi Tigers 🐯, Welcome to "What the Tigers say." 👋The market is currently navigating a high-stakes tug-of-war between shifting geopolitical risks and the fundamental earnings power of the tech titans. As safe-haven demand for gold persists despite cooling energy prices, all eyes are on whether core operations can sustain growth as the initial AI infrastructure frenzy meets its "post-mortem" reality check.Before today's session played out, the community was already doing the heavy lifting. Let's rewind to the three sharpest takes from @nerdbull1669, @JC888 and @xc__ :1. nerbull1669
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