Hormuz Strait Diplomacy Triggers Market Rally Despite $98 Oil
The Peace Premium: Markets Front-Run Middle East Resolution Global markets are pricing in the end of a war that hasn’t officially ended. Britain’s convening of 35 nations to discuss reopening the Hormuz Strait sent equities soaring and oil tumbling, even as Prime Minister Keir Starmer cautioned that “reopening won’t be easy.” The market’s response was … Read more