Possible scenario
Omani Corridor Deal
+1.1%
China’s public alignment with Oman gives Muscat more leverage to revive safe-passage arrangements with Tehran. Iran has an incentive to avoid alienating Beijing, its key crude buyer, while preserving face through an Oman-mediated mechanism rather than a U.S.-led demand.
What it moves
- Energy−2.0%
- Industrials+1.4%
- Riskier companies' borrowing costs
- Market volatility
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