Iran says it is preparing list of conditions for reopening Strait of Hormuz
EMERGING ASIA
Here we go again as we heard Iran preparing list of conditions for reopening Strait of Hormuz. Combined with occasional strikes within U.S. escorted shipping lane, it looks like Iran is trying to gain more leverage along their usual playbook. Oil so far is not reacting to such headlines as we have been here many times before. market attenetion will likely stay on the Fed speakers.