US, Iran reportedly nearing deal to open Strait of Hormuz, pushing oil toward first weekly fall in two months. Analyst warns traders may be getting ahead of themselves, as supply restoration could take 3-4 months.
The US and Iran are reportedly nearing a deal to open the Strait of Hormuz, pushing oil markets toward their first weekly fall in two months. Kpler analyst Muyu Xu cautions traders may be getting ahead of themselves, as restoring supply could take three to four months.
Quick reaction
One tap helps tune what we surface next.
Reader discussion
Public commentsNo comments yet. Start the discussion around this signal.
Follow this signal
Get updates on this story
We will email you if this changes materially. No spam. Daily brief optional.
Map context
Open map near Iran
Keep the story in context with nearby live signals, countries, and category movement.
Related coverage
More story pages
India forecasts monsoon rains at 11-year low in 2026, stoking inflation fears.
India's meteorological department forecasts that monsoon rainfall in 2026 will be at its lowest in 11 years, raising concerns about inflation.
European Commission unlocks €10B for Hungary
The European Commission has unlocked €10 billion in funds for Hungary.
EU says it needs €120B to revive local chip production.
The European Union says it needs €120 billion to revive local semiconductor production.
EU Commission President von der Leyen announces specific investment projects for Hungary.
EU Commission President von der Leyen announced specific investment projects for Hungary.
More live signals
Continue with the live feed.
The fastest nearby updates load from the public feed, not the enriched story endpoint.