premarketdailyIran is drafting a bilateral protocol with Oman to institutionalise governance over the Strait of Hormuz. Iran's parliament passed legislation for up to $2M per vessel in transit tolls — ~$100B annually at pre-war volumes. Eurasia Group calls it a "colossal win" for Tehran. Oil markets haven't priced this yet.
#IranWar #StraitOfHormuz #OilPrices #BrentCrude #EnergyStocks #MacroWatch #Geopolitics
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