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hormuz
Hormuz is a small island in the Persian Gulf, located near the Strait of Hormuz, which is a strategically important waterway connecting the Persian Gulf with the Gulf of Oman and the Arabian Sea. The island and strait are both known for their historical and geopolitical significance, particularly in global oil transportation.
A Two-Week Iran Truce Triggered a Classic Relief Trade
The market got the headline it had been pricing for days, and then it moved all at once. Donald Trump said the United States would suspend bombing Iran for two weeks after accepting a truce proposal pushed by Pakistan, with the pause tied to...
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