finance
Asia-Pacific markets mixed as fragile U.S.-Iran ceasefire leaves Strait of Hormuz traffic limited
A tentative halt to U.S.-Iran strikes reopened the Strait of Hormuz for two weeks, but oil prices and regional futures stayed volatile as shipping remained limited.
Apr 10th 2026 · Iran
Insights
- Tehran agreed to reopen the Strait of Hormuz for two weeks provided attacks on Iran stop.
- Oil rose after intraday spikes, with WTI near $98.48 and Brent around $95.92 following earlier highs above $100.
- Asia-Pacific futures opened mixed, with Japan, Hong Kong and Australian contracts showing differing moves.
- U.S. markets closed higher, with the S&P 500 up 0.62% and the Dow back in positive year-to-date territory.
- Despite the ceasefire, shipping through the Strait of Hormuz remained minimal, keeping supply risk elevated.
Sources
- The world’s 500 richest people made more than a quarter trillion yesterday as volatile markets react to fragile Iran war ceasefire fortune.com
- Peso rises for seventh straight day as dollar weakens on US-Iran ceasefire mexiconewsdaily.com
- Oil CEOs Raked in Money From Trump’s Iran War www.wsj.com
- Asia-Pacific markets set to open mixed as renewed tensions test a fragile Iran-U.S. ceasefire www.cnbc.com
- Developing Asia's growth to slow as Iran war sends oil prices soaring: ADB asia.nikkei.com
- Petrol and diesel prices set to drop if Iran ceasefire continues www.independent.co.uk
- Oil Rises Amid Ongoing Concerns Over Strait of Hormuz www.wsj.com
- Asian Currencies Mostly Weaken Ahead of U.S.-Iran Talks www.wsj.com
- Oil edges higher as U.S.-Iran ceasefire fails to boost traffic via Strait of Hormuz www.cnbc.com
- S. Korean currency rises on optimism over US-Iran ceasefire agreement www.koreaherald.com
- US-Iran ceasefire deal shows strain ahead of talks with oil flows squeezed www.straitstimes.com
- Seoul shares open up amid optimism over US-Iran ceasefire deal www.koreaherald.com
- US-Iran ceasefire deal shows strain ahead of talks with oil flows squeezed www.channelnewsasia.com
- US-Iran ceasefire deal shows strain ahead of talks with oil flows squeezed www.bangkokpost.com
- US-Iran ceasefire deal shows strain ahead of talks with oil flows squeezed www.straitstimes.com
- Asian Equities Rise, Oil Stable Ahead of U.S.-Iran Talks www.wsj.com
- No Longer Off Limits, the Strait of Hormuz Remains Thorny Politically www.nytimes.com
- Hormuz Strait 'toll': Oil prices drift back to $100/barrel mark — what it will take to get things going again gulfnews.com
- Bloomberg Daybreak Europe: Iran Strait Crisis Deepens (Podcast) www.bloomberg.com
- Asian stocks extend gains on Iran talks hopes, oil heads for steep weekly fall gulfnews.com
- Xi holds landmark Taiwan meeting, Iran war ceasefire, GDP update www.scmp.com
- Seoul remains cautious on Hormuz despite US-Iran ceasefire: official www.koreaherald.com
- Global Markets Cautious Ahead of Weekend U.S.-Iran Negotiations www.wsj.com
- Ceasefire holds, but Strait of Hormuz remains at a standstill www.france24.com
- No shortage of opportunities in Asia post-Iran crisis: Expert view www.straitstimes.com
- Strait still shut and Lebanon fighting strains truce as US and Iran aim for first talks www.dailymaverick.co.za
- Hormuz and Lebanon strikes strain U.S.-Iran truce ahead of talks www.theglobeandmail.com
- Standstill in the Strait of Hormuz, new inflation data, Warsh's Senate hearing and more in Morning Squawk www.cnbc.com
- Marine map appears to show Strait of Hormuz at a standstill more than 48 hours into ceasefire www.independent.co.uk
- The Cost of Reopening Hormuz www.bloomberg.com
- Gates of Hormuz www.ft.com
- Iran-linked ships dominate Hormuz traffic after ceasefire www.ft.com
- Only two ships passed through the Strait of Hormuz on Friday. www.nytimes.com
- After the war, how open will the Strait of Hormuz be? www.economist.com
- Markets End Mixed But Mostly Lower, Trump Threatens Iran, More www.bloomberg.com
- Wall St ends mixed, notches weekly gains as investors parse Middle East negotiations www.straitstimes.com