Iran–US ceasefire lifts markets and jet fuel prices stay elevated despite Strait of Hormuz reopening

Stephen Grootes speaks to John Stopford, Head of Multi-Asset Income at Ninety One, about Iran’s reported 10‑point ceasefire proposal, giving analysis on the Iran–US geopolitical standpoint, whether this ceasefire is likely to last, how markets should interpret the development, and what it would signal in the broader global context.

In other interviews, Guy Leitch, aviation analyst talks about why jet fuel prices could stay high for months even if the Strait of Hormuz reopens, warning that disrupted refining capacity and tight supply will continue to put pressure on airlines despite falling oil prices.

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