Trump extends Iran ceasefire — but market focus has already drifted elsewhere

• U.S. President Donald Trump indefinitely extended the two-week ceasefire with Iran on Tuesday, just hours before it was set to expire.
• Markets perceive that the worst-case scenarios in this war are probably over: analysts.
• A notable pickup in Hormuz oil flows remains unlikely in the near term, prolonging a supply crunch that has darkened the outlook for global growth.

Source: https://www.cnbc.com/2026/04/22/markets-shrug-at-trumps-iran-ceasefire-extension.html