Citigroup Inc.

Citi analysts have presented possible scenarios of oil market development until the end of the year, <a href="https://www.cnbc.com/2026/04/21/citi-oil-prices-stocks-strait-hormuz-supply-shock.html">reports</a> CNBC. They assume that prices may vary from $95 to $130 per barrel - depending on the situation with supplies through the Strait of Hormuz, which remains blocked due to the conflict between the U.S. and Iran. Market recovery directly depends on the timing of the opening of this corridor, the bank points out.

Oil prices could hit $130 with prolonged blockade of Strait of Hormuz - Citigroup

The U.S. currency has once again become a safe haven. But that does not remove questions about its future

The war in Iran has changed the position of the US dollar. What will happen to it next? Dollar exchange rate forecast

A second round of talks is already scheduled for April 22 in Islamabad, CNN's interlocutors say

Iran has agreed to continue talks with the US - Axios. Oil falls

Kuwait has declared force majeure on oil and oil products supplies due to the blockade of the Strait of Hormuz, which has restricted tanker access to the Persian Gulf and made it difficult to fulfill export obligations, Bloomberg <a href="https://www.bloomberg.com/news/articles/2026-04-20/kuwait-declares-force-majeure-on-oil-shipments-on-hormuz-halt">writes.</a>

Kuwait declares force majeure on oil supplies due to the closure of the Strait of Hormuz

Eli Lilly and Company

The U.S. Navy <a href="https://oninvest.com/article/ssa-zahvatili-sudno-pod-iranskim-flagom-pri-popytke-prorvat-blokadu-tramp">fired on an</a> Iranian ship in the Gulf of Oman and took control of it after an attempt to break the sea blockade. Against this background, oil <a href="https://oninvest.com/article/gaz-v-evrope-podorozal-na-10-brent-na-7-posle-eskalacii-v-ormuzskom-prolive">rose</a> sharply in <a href="https://oninvest.com/article/gaz-v-evrope-podorozal-na-10-brent-na-7-posle-eskalacii-v-ormuzskom-prolive">price</a>. The UAE began to discuss with Washington financial support in case the situation worsens due to the conflict with Iran. These and other topics - in our review of key events by the morning of April 20.

Highlights for the morning: UAE to ask for help, US intercepts Iranian ship, oil surges

The military conflict in the Middle East will leave scars on the global economy that will not heal for a long time. The IMF warns that its economic forecast is "drifting" towards a more unfavorable scenario. Investors are forced to revise their strategies once again.

The outlook for the global economy is deteriorating. Opinions of investors and analysts

ASML Holding N.V.

Taiwan Semiconductor Manufacturing Company Limited

LVMH Moet Hennessy - Louis Vuitton, Societe Europeenne

Kering SA

Bank of America Corporation

Morgan Stanley

Donald Trump reiterated the imminent end of the war with Iran, claiming Tehran will suspend its nuclear program. Volatility amid the Middle East conflict helped Wall Street banks earn record trading profits, while sales of luxury brands remain under pressure. TSMC and ASML raised forecasts amid robust demand for AI chips. The main events of April 13-17 are in our review.

Highlights of the week: US-Iran pact, chipmakers raised forecasts, luxury sagged

At least eight oil tankers began moving toward the Strait of Hormuz within hours after Iran <a href="https://oninvest.com/article/iran-ob-avil-o-polnom-otkrytii-ormuzskogo-proliva-na-vrema-prekrasenia-ogna">said</a> the key waterway was fully open to shipping during a cease-fire in Lebanon. This was evidenced by vessel tracking data <a href="https://www.bloomberg.com/news/articles/2026-04-17/oil-tankers-make-dash-toward-hormuz-as-iran-says-strait-is-open">compiled by</a> Bloomberg.

Who will be the first penguin? Shipowners - on the return to the Strait of Hormuz

On Friday, April 17, Iranian Foreign Minister Abbas Arkakchi <a href="https://t.me/SeyedAbbasAraghchiIr/6266">announced</a> that the Strait of Hormuz has fully opened to commercial shipping. This came after Israel and Lebanon agreed to a 10-day cease-fire a day earlier. Araqchi noted that ships could travel through the strait along an "agreed route" during the period of the agreement.

Why did Iran open the Strait of Hormuz? 

The Strait of Hormuz has "fully opened" to commercial shipping following a cease-fire agreement between Israel and Lebanon, Iran's Foreign Ministry said April 17.

Iran announced the full opening of the Strait of Hormuz for the duration of the ceasefire

Netflix, Inc.

Blaize Holdings, Inc.

NiSource Inc.

Alphabet Inc.

Amazon.com, Inc.

Trevi Therapeutics, Inc.

Alcoa Corporation

Knight-Swift Transportation Holdings Inc.

Daily review and forecast of events on the U.S. stock market from Mikhail Denislamov, Deputy Director of Freedom Capital Markets Research.