2-week ceasefire calms markets for now but backlog of ships in Strait of Hormuz continue to bottleneck global supply chains, while shipping industry moves to security-focused model, leading to massive freight, insurance costs, expert says09 April 2026
Advisory covers most Middle East, Gulf airspace at all flight levels, with limited high-altitude exceptions in parts of Saudi Arabia, Oman09 April 2026
Benchmark TTF natural gas futures rise over 2.5% to $54 per megawatt-hour again after initially falling 20% with US-Iran ceasefire announcement09 April 2026