Topic

#ceasefire

2 articles

A single rust-streaked supertanker at anchor in an empty Strait of Hormuz at blue hour, engines cold, with the orange glow of a distant oil terminal smudging the horizon, photojournalism style with available light.
Apr 11, 2026 • 13 min read

3 Days Into the Ceasefire, 12 Ships Crossed Hormuz

The US-Iran ceasefire is three days old. Kpler's vessel tracker counted 5 ships through the Strait of Hormuz on April 8 and 7 more on April 9, while over 600 vessels and 325 tankers remain stranded in the Gulf. Five days before the truce, the US Development Finance Corporation and Chubb doubled their maritime reinsurance facility to $40 billion. It is not moving ships, because Iran is running a parallel toll booth in crypto and yuan that no insurance contract can dissolve.

#Strait of Hormuz#Iran war#ceasefire
A giant crunchy beef taco sitting on a Wall Street trading floor surrounded by panicked traders in suits, red emergency lights flashing, oil futures screens crashing in the background, papers flying, the taco perfectly composed while everything around it is chaos, darkly comedic editorial photography
Apr 7, 2026 • 11 min read

TACO Tuesday Crashed Oil 15% on Iran's Terms

Brent crashed 15% on April 7 after Trump announced a two-week ceasefire with Iran. But Iran's Foreign Minister revealed Trump accepted the 'general framework' of Iran's 10-point proposal -not the other way around. Iran keeps control of the Strait, its military intact, and the negotiating leverage. Oil crashed on Trump's terms. The deal is Iran's.

#Iran war#oil prices#ceasefire