Global markets surge as risky assets rally after Strait of Hormuz reopens
Updated
Updated · Bloomberg · Apr 28
Global markets surge as risky assets rally after Strait of Hormuz reopens
9 articles · Updated · Bloomberg · Apr 28
Iran declared the Strait of Hormuz fully open, sending the S&P 500 to new records and boosting Bitcoin by $12,000.
Brent crude oil prices fell below $90 for the first time in over a month, while the US dollar weakened against major currencies.
The announcement eased weeks of market anxiety over Middle East conflict, though uncertainty remains as details of any US-Iran deal are still unresolved.
With the Strait of Hormuz shut again, is a global recession now inevitable?
Was Iran's brief reopening of the Strait a peace gesture or a calculated strategic feint?
Can the world's most critical oil artery ever be considered safe for trade again?
Beyond military force, what diplomatic path can permanently resolve the Iran nuclear crisis?
How does this war accelerate the global shift away from fossil fuels?
Who truly holds power in Iran: the diplomats or the Revolutionary Guard?