West Asia set the tone for risk appetite everywhere else. Washington and Tehran traded strikes after President Donald Trump declared the ceasefire "over," following attacks on vessels in the Strait of Hormuz.
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West Asia set the tone for risk appetite everywhere else. Washington and Tehran traded strikes after President Donald Trump declared the ceasefire "over," following attacks on vessels in the Strait of Hormuz.
From Hormuz to Brent to tariffs, the headwinds that defined this year are fading, but IT, AI and the monsoon will decide what comes next.
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The biggest win seems to be the opening of the Strait of Hormuz and many argue that was exactly the case before the war. The fact, that a day after the deal, talks between the two sides in Switzerland got stalled underlines how flimsy the prospect of peace is.
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The Iran-US standoff in the Strait of Hormuz may be more damaging than the war itself, as oil at reclaims $100 a barrel for the first time in over two weeks, trade disruption and market risks weigh on India
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