The closure of Iran, in , put pressure on oil again and kept Asian stock exchanges in mostly negative territory this Thursday (April 9, 2026). A barrel of Brent for June was traded at US$97.93, up 3.36%, to US$91.46 with the announcement of the ceasefire.
The movement indicates a partial recovery in the price of the commodity, still far from the peak registered on the day of the ultimatum made by the president (Republican Party), when the .
Between one moment and another, there was temporary relief in the markets: in the Strait of Hormuz after the truce. The resumption of the blockade, however, raised doubts about the safety of the route and the continuity of the flow of oil in the region.
On the day of the truce, the . This Thursday (April 9), however, the tone was cautious.
Here is the performance of the main Asian indices in the session:
- Japan: Nikkei 225 fell 0.73%; Topix fell 0.90%;
- China: Shanghai (Shanghai Composite) fell 0.72%; Shenzhen Component fell 0.33%; CSI 300 fell 0.64%;
- Hong Kong: Hang Seng fell 0.54%; Hang Seng China Enterprises fell 0.75%;
- South Korea: Kospi fell 1.61%; Kosdaq fell 1.27%;
- India: Sensex fell 1.10%; Nifty 50 fell 0.89%;
- Taiwan: Sudden Taiex 0.29%;
- Australia: S&P/ASX 200 advanced 0.24%;
NEGOTIATION FOR ORMUZ
The truce between the USA and Iran was announced on Tuesday (Apr 7) by the North American president (Republican Party), on his profile on the social network Truth Social. The announcement was made less than two hours before the deadline.
According to Trump, the decision was made after talks with Pakistan. The measure would be conditional on the complete, immediate and safe opening of the Strait of Hormuz.
Iranian Foreign Minister Abbas Araghchi confirmed the temporary truce and said the strait would be open for safe passage for two weeks, under the country’s military mediation.
The beginning of negotiations for a definitive end to the conflict is also part of the agreement. Iran will begin negotiations with US representatives in Islamabad, the capital of Pakistan, during the two-week truce.
There is no precise information about the situation in the Persian Gulf. Iran criticized the continuation of the offensive against Lebanon and considers it to be a violation of the ceasefire. The country declared that it may retaliate. Prime Minister Benjamin Netanyahu (Likud, right) stated that the ceasefire only involves the USA, Israel and Iran.
