Last week we cautioned that the Iran-US peace deal would be subject to occasional setbacks. As we write the press reports that Iran has paused negotiations with the US in Switzerland and said that it has “closed” the Strait of Hormuz in response to Israeli strikes on Lebanon and US threats of strikes of Iran. Prior to this, the press also reported that Iran plans to collect “insurance fees”
from ships transiting the Strait after the current 60-day peace deal negotiation period expires.

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Vis Nayar

Vis Nayar is the Chief Investment Officer and a member of the Executive Management Committee at Eastspring Investments. Vis spearheads Eastspring’s investment platform encompassing equities, fixed income, multi asset and quantitative solutions, and oversees investment offerings across markets.

Information provided is general information and is for educational purposes only, and does not include, or constitute as, financial product advice.