“Relief” for global bonds amid optimism over a US–Iran peace deal
The prospect of a diplomatic solution triggered a strong wave of buying in government bonds worldwide, while falling oil prices led to a decline in yields in the US, Germany, and especially the UK
Oil: 9% plunge after Axios report that US and Iran are nearing an agreement
Axios claims the agreement would include, among other things, the lifting of restrictions on ship passage through the Strait of Hormuz
The fear of the Strait of Hormuz crisis in the aviation industry
US conflict with Iran and the risk of a prolonged blockade in the Strait of Hormuz cause concern about soaring fuel prices, flight cancellations and show the day ahead for aviation
