Equities drift as Strait of Hormuz reopening stalls

7 articles · Updated · Bloomberg · Apr 28

Brent crude rises 1% to over $109 a barrel, marking a seventh consecutive daily gain and a three-week high.
The yen strengthens after the Bank of Japan leaves its policy rate unchanged in a split decision, while US officials consider Iran's latest proposal regarding the ongoing eight-week war.
Oil's rally and market uncertainty reflect persistent geopolitical tensions, with little progress made toward reopening the critical Strait of Hormuz shipping route.

With strategic reserves dwindling, what happens when the world's oil buffer runs out?

Beyond oil, how close is the global supply chain to a catastrophic breaking point?

If military escorts are too risky, what is the real plan to reopen the world's most vital waterway?

How are Russia and China capitalizing on America's distraction in the Middle East?

Can diplomacy succeed when both the US and Iran refuse to cross their 'red lines'?

Could Iran's new Supreme Leader steer the nation away from the brink of total war?