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Iraqi Parliament speaker calls for special status for Iraqi oil exports via Hormuz in a meeting with Iran's Ghalibaf

StockNow breaking-news AI analysis

Iraq seeks special Hormuz status and bypass routes as Iran shifts military posture. Markets respond to fading peace hopes and shipping diversions by major Chinese firms.

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Geopolitics

Iranian Deputy Chairman of the Parliament's National Security Commission says "A 'new passage' in the Strait of Hormuz, other than the southern route, will soon be announced in the form of a joint statement with Oman"

Geopolitics

A source close to Iran's negotiating team rejected the White House's claim, saying there had been no direct Iran-US negotiations and that talks with Oman concerned sovereignty over the Strait of Hormuz, Fars News reports

U.S. Markets

Target (TGT) Q2 2026 (USD): Adj. EPS 4.11 (exp. 2.32), Revenue 26.5bln (exp. 26.12bln); lifts FY outlook to include tariff refunds, Adj. EPS 9.90-10.90 (prev. guided 7.50-8.50, exp. 8.52)

TGT