Iran Ceasefire Deadline Creates Binary Oil/Credit Outlook
A Ceasefire Proposal, a Private Credit Warning, and the Fastest Commodity Rally in 50 Years
Executive Summary
The April 6 session opens with the single most binary event of the entire Iran crisis: Trump’s Tuesday deadline for Hormuz reopening, backed by a 45-day ceasefire proposal circulating through Pakistan, Egypt, and Turkey. S&P futures rose on the peace proposal after a 6% weekly gain — the first winning week since the war began. Oil pulle…
