Iran eases transit restrictions for Iraq, but US-Iran ceasefire odds drop
Iran has eased restrictions for Iraq, allowing unrestricted transit through the Strait of Hormuz and reopening borders for trade and pilgrims. The odds for a US-Iran ceasefire by April 7 have dropped to 1.1% YES, down from 12% a week ago. This move indicates a de-escalation with Iraq, but US-Iran tensions remain high. The market…
