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Posted inEconomy, Daily Analysis, Markets

Iran claims permanent control of the Strait of Hormuz: the Iran-Oman transit protocol is the war’s most consequential geopolitical development — and oil markets haven’t priced it yet

NEW YORK, April 3, 2026 — Good Friday. While U.S. equity markets are closed and the March Non-Farm Payrolls report lands into an empty room, the Iran war’s most strategically significant development since the conflict began on February 28 arrived quietly on Thursday afternoon: Iran announced it is drafting a bilateral protocol with Oman to […]

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