US-Iran MOU Soothes Market Stress: Markets Snapshot

The global oil market is zeroed in on activity in the Strait of Hormuz after the US and Iran inked an interim deal to end their war and reopen the critical waterway. While equities have largely shrugged off the turmoil, central banks and traders are eagerly watching for signs of further energy-supply disruption and impacts on inflation. The Opening Trade spoke with leading market voices for their take on the deal, how global economies have handled the conflict and whether the world can return to pre-war pricing. (Source: Bloomberg)