Home/Daily Brief/Hormuz Strait May Be Clear—But Oil Markets Aren't ...ECONOMICRELEVANCE 9/10Hormuz Strait May Be Clear—But Oil Markets Aren't Calming DownApril 18, 2026·1 min read·The EconomistBottom LineShipping uncertainty persists despite apparent end to blockageLoading...From This BriefMIDDLE EASTU.S. Naval Blockade of Iran Expands Beyond Middle East as Economic Pressure MountsCYBERAI That Can Hack Software Gets Locked DownCRIMETrump Administration Shifts Fentanyl Strategy Toward Military EnforcementASIAAustralia to Buy Japan-Designed Warships in Historic Defense DealUKRAINE RUSSIARussia signals interest in U.S. economic talks← Back to Today's Brief