U.S.-Iran ceasefire sparks market divergence as stocks surge while energy markets remain cautious. The Dow jumped over 1,300 points Thursday, marking its best day since April 2025, as investors embraced optimism around the two-week truce. However, crude oil tells a different story. Despite the ceasefire agreement, the Strait of Hormuz remains restricted, with Iran limiting shipping access. U.S. crude surged above 100 dollars per barrel as market participants grapple with ongoing energy constraints. The Abu Dhabi National Oil Company confirmed the critical waterway is not fully open, with access being restricted and controlled. Reports suggest Iran may require cryptocurrency tolls for passage, prompting President Trump to demand Iran cease such practices immediately.
