Iran controls the Strait of Hormuz, while Iraq and Pakistan have both secured agreements for energy navigation.

Iraq and Pakistan have separately reached confidential agreements with Iran, securing permission for oil and LNG shipments through the Strait of Hormuz. Multiple countries are currently in line to negotiate transit rights.

Golden10 Data08:40

Rising Oil Prices and U.S. Bond Yields Heat Up 'NACHO Trade'

As the ceasefire negotiations between the United States and Iran have fallen into a deep deadlock, a new trading narrative is rapidly taking shape on Wall Street—"NACHO" (the Narrowing Assumption that the Channel will Hold Open). Markets are increasingly treating the blockade of the Strait as a 'normalized feature' of the macro environment, an expectation that is driving the continued diffusion of a set of combined trading strategies: going long on crude oil, shorting long-dated U.S. Treasuries, and increasing holdings in inflation-protected assets.

wallstreetcn09:22

Data Points to Slowing Momentum Across New Zealand Services Industries, Households, ANZ Says

MT Newswires48minutes ago

The U.S. Energy Information Administration 'tears up the report': Supply disruptions in the Middle East are far more severe than previously estimated.

①The U.S. Energy Information Administration (EIA) revised its previous forecast on Tuesday, indicating that the impact of the Iran war on global oil supplies is more severe and prolonged than previously anticipated; ②This underscores the uncertainty that has plagued the entire energy market since the conflict erupted three months ago.

cls.cn10:44

New Zealand's Economy Now Expected to Experience Year of 'Positive But Still Sub-Par Growth,' Westpac Says

MT Newswires10:16

Reports indicate Iran has tightened control over the Strait of Hormuz; two Middle Eastern countries have reached an energy transportation agreement with Iran.

More than a month after the ceasefire agreement between the United States and Iran took effect, no progress has been made in ending the war. Reuters cited sources as saying that Iran appears to be strengthening its control over the Strait of Hormuz and has reached agreements with Iraq and Pakistan to transport oil and liquefied natural gas from the region. It is reported that other countries are also exploring similar agreements, a move that could further enable Iran to maintain its grip on the Strait of Hormuz. The cost of the Iran war continues to rise, but U.S. President Trump stated that the economic difficulties faced by Americans will not affect his stance on the Iran conflict, emphasizing that he will not consider the economic conditions of the American people, nor will he.

AASTOCKS09:55