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MORNING BRIEF ☕️: President Trump says the U.S. and Iran have agreed to a framework deal that includes the complete reopening of the Strait of Hormuz, one of the world's most critical energy corridors. Around 20 million barrels of oil per day, roughly 20% of global petroleum consumption, normally pass through the strait, alongside about 20% of global LNG trade, connecting major Gulf exporters with markets across Asia and Europe.
Markets reacted quickly: oil fell more than 5%, while U.S. stock futures moved higher as traders priced in lower geopolitical risk. After months of disruptions, reopenings and renewed tensions around Hormuz, a sustained return to normal shipping would remove a major source of volatility for global energy markets. 🛢
https://x.com/ShillGuard/status/2083801493799420373