New Overnight Developments Abroad - Daily Update
Investors Decide that Breakdown in Talks and Indefinite Extension of Ceasefire and Strait’s Continuing Shutdown Are Not the Worst Outcome
April 22, 2026
No progress has been made in breaking the U.S./Iranian impasse. Talks did not resume in Pakistan, and no timetable for when formal talks might be held has been disclosed. Each side is successfully maintaining a blockade, and the resulting shortfall in global oil supply continues to mount. A 1% overnight rise in the price of […] More
