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morningbrew
Apr 8, 2026
Markets are popping champagne this morning thanks to a tentative ceasefire with Iran. Last night, President Trump took to Truth Social to announce a suspension of US attacks on Iran for a period of two weeks. As part of the arrangement, Iran agreed to open the crucial Strait of Hormuz for two weeks as long as the ceasefire remains in place. Ships will be allowed to travel through the waterway in coordination with Iran’s Armed Forces. Israel had also reportedly agreed to the terms of the deal. At the opening bell, the Dow surged more than 1,000 points, oil posted one of its steepest drops in decades, and bond yields slid as fears of a prolonged energy shock eased. Despite the immediate relief, resolution to the oil crunch will still take some time. Brent prices may have plunged more than 15%, but supply chains remain tricky with tankers only trickling back through the Gulf and airlines warning jet fuel shortages could linger for months. Even as ships begin to move again, the lag between crude extraction, transport, and refining means energy markets probably won’t be snappin’ back overnight. 📸 : Getty
Markets are popping champagne this morning thanks to a tentative ceasefire with Iran. Last night, President Trump took to Truth Social to announce a suspension of US attacks on Iran for a period of two weeks. As part of the arrangement, Iran agreed to open the crucial Strait of Hormuz for two weeks as long as the ceasefire remains in place. Ships will be allowed to travel through the waterway in coordination with Iran’s Armed Forces. Israel had also reportedly agreed to the terms of the deal. At the opening bell, the Dow surged more than 1,000 points, oil posted one of its steepest drops in decades, and bond yields slid as fears of a prolonged energy shock eased. Despite the immediate relief, resolution to the oil crunch will still take some time. Brent prices may have plunged more than 15%, but supply chains remain tricky with tankers only trickling back through the Gulf and airlines warning jet fuel shortages could linger for months. Even as ships begin to move again, the lag between crude extraction, transport, and refining means energy markets probably won’t be snappin’ back overnight. 📸 : Getty
Markets are popping champagne this morning thanks to a tentative ceasefire with Iran. Last night, President Trump took to Truth Social to announce a suspension of US attacks on Iran for a period of two weeks. As part of the arrangement, Iran agreed to open the crucial Strait of Hormuz for two weeks as long as the ceasefire remains in place. Ships will be allowed to travel through the waterway in coordination with Iran’s Armed Forces. Israel had also reportedly agreed to the terms of the deal. At the opening bell, the Dow surged more than 1,000 points, oil posted one of its steepest drops in decades, and bond yields slid as fears of a prolonged energy shock eased. Despite the immediate relief, resolution to the oil crunch will still take some time. Brent prices may have plunged more than 15%, but supply chains remain tricky with tankers only trickling back through the Gulf and airlines warning jet fuel shortages could linger for months. Even as ships begin to move again, the lag between crude extraction, transport, and refining means energy markets probably won’t be snappin’ back overnight. 📸 : Getty
Markets are popping champagne this morning thanks to a tentative ceasefire with Iran. Last night, President Trump took to Truth Social to announce a suspension of US attacks on Iran for a period of two weeks. As part of the arrangement, Iran agreed to open the crucial Strait of Hormuz for two weeks as long as the ceasefire remains in place. Ships will be allowed to travel through the waterway in coordination with Iran’s Armed Forces. Israel had also reportedly agreed to the terms of the deal. At the opening bell, the Dow surged more than 1,000 points, oil posted one of its steepest drops in decades, and bond yields slid as fears of a prolonged energy shock eased. Despite the immediate relief, resolution to the oil crunch will still take some time. Brent prices may have plunged more than 15%, but supply chains remain tricky with tankers only trickling back through the Gulf and airlines warning jet fuel shortages could linger for months. Even as ships begin to move again, the lag between crude extraction, transport, and refining means energy markets probably won’t be snappin’ back overnight. 📸 : Getty
Markets are popping champagne this morning thanks to a tentative ceasefire with Iran. Last night, President Trump took to Truth Social to announce a suspension of US attacks on Iran for a period of two weeks. As part of the arrangement, Iran agreed to open the crucial Strait of Hormuz for two weeks as long as the ceasefire remains in place. Ships will be allowed to travel through the waterway in coordination with Iran’s Armed Forces. Israel had also reportedly agreed to the terms of the deal. At the opening bell, the Dow surged more than 1,000 points, oil posted one of its steepest drops in decades, and bond yields slid as fears of a prolonged energy shock eased. Despite the immediate relief, resolution to the oil crunch will still take some time. Brent prices may have plunged more than 15%, but supply chains remain tricky with tankers only trickling back through the Gulf and airlines warning jet fuel shortages could linger for months. Even as ships begin to move again, the lag between crude extraction, transport, and refining means energy markets probably won’t be snappin’ back overnight. 📸 : Getty
Markets are popping champagne this morning thanks to a tentative ceasefire with Iran. Last night, President Trump took to Truth Social to announce a suspension of US attacks on Iran for a period of two weeks. As part of the arrangement, Iran agreed to open the crucial Strait of Hormuz for two weeks as long as the ceasefire remains in place. Ships will be allowed to travel through the waterway in coordination with Iran’s Armed Forces. Israel had also reportedly agreed to the terms of the deal. At the opening bell, the Dow surged more than 1,000 points, oil posted one of its steepest drops in decades, and bond yields slid as fears of a prolonged energy shock eased. Despite the immediate relief, resolution to the oil crunch will still take some time. Brent prices may have plunged more than 15%, but supply chains remain tricky with tankers only trickling back through the Gulf and airlines warning jet fuel shortages could linger for months. Even as ships begin to move again, the lag between crude extraction, transport, and refining means energy markets probably won’t be snappin’ back overnight. 📸 : Getty
Markets are popping champagne this morning thanks to a tentative ceasefire with Iran. Last night, President Trump took to Truth Social to announce a suspension of US attacks on Iran for a period of two weeks. As part of the arrangement, Iran agreed to open the crucial Strait of Hormuz for two weeks as long as the ceasefire remains in place. Ships will be allowed to travel through the waterway in coordination with Iran’s Armed Forces. Israel had also reportedly agreed to the terms of the deal. At the opening bell, the Dow surged more than 1,000 points, oil posted one of its steepest drops in decades, and bond yields slid as fears of a prolonged energy shock eased. Despite the immediate relief, resolution to the oil crunch will still take some time. Brent prices may have plunged more than 15%, but supply chains remain tricky with tankers only trickling back through the Gulf and airlines warning jet fuel shortages could linger for months. Even as ships begin to move again, the lag between crude extraction, transport, and refining means energy markets probably won’t be snappin’ back overnight. 📸 : Getty
Markets are popping champagne this morning thanks to a tentative ceasefire with Iran. Last night, President Trump took to Truth Social to announce a suspension of US attacks on Iran for a period of two weeks. As part of the arrangement, Iran agreed to open the crucial Strait of Hormuz for two weeks as long as the ceasefire remains in place. Ships will be allowed to travel through the waterway in coordination with Iran’s Armed Forces. Israel had also reportedly agreed to the terms of the deal. At the opening bell, the Dow surged more than 1,000 points, oil posted one of its steepest drops in decades, and bond yields slid as fears of a prolonged energy shock eased. Despite the immediate relief, resolution to the oil crunch will still take some time. Brent prices may have plunged more than 15%, but supply chains remain tricky with tankers only trickling back through the Gulf and airlines warning jet fuel shortages could linger for months. Even as ships begin to move again, the lag between crude extraction, transport, and refining means energy markets probably won’t be snappin’ back overnight. 📸 : Getty
Markets are popping champagne this morning thanks to a tentative ceasefire with Iran. Last night, President Trump took to Truth Social to announce a suspension of US attacks on Iran for a period of two weeks. As part of the arrangement, Iran agreed to open the crucial Strait of Hormuz for two weeks as long as the ceasefire remains in place. Ships will be allowed to travel through the waterway in coordination with Iran’s Armed Forces. Israel had also reportedly agreed to the terms of the deal. At the opening bell, the Dow surged more than 1,000 points, oil posted one of its steepest drops in decades, and bond yields slid as fears of a prolonged energy shock eased. Despite the immediate relief, resolution to the oil crunch will still take some time. Brent prices may have plunged more than 15%, but supply chains remain tricky with tankers only trickling back through the Gulf and airlines warning jet fuel shortages could linger for months. Even as ships begin to move again, the lag between crude extraction, transport, and refining means energy markets probably won’t be snappin’ back overnight. 📸 : Getty
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Markets are popping champagne this morning thanks to a tentative ceasefire with Iran. Last night, President Trump took to Truth Social to announce a suspension of US attacks on Iran for a period of two weeks. As part of the arrangement, Iran agreed to open the crucial Strait of Hormuz for two weeks as long as the ceasefire remains in place. Ships will be allowed to travel through the waterway in coordination with Iran’s Armed Forces. Israel had also reportedly agreed to the terms of the deal. At the opening bell, the Dow surged more than 1,000 points, oil posted one of its steepest drops in decades, and bond yields slid as fears of a prolonged energy shock eased. Despite the immediate relief, resolution to the oil crunch will still take some time. Brent prices may have plunged more than 15%, but supply chains remain tricky with tankers only trickling back through the Gulf and airlines warning jet fuel shortages could linger for months. Even as ships begin to move again, the lag between crude extraction, transport, and refining means energy markets probably won’t be snappin’ back overnight. 📸 : Getty

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