Iranian President Masoud Pezeshkian said the Supreme Leader has given his government additional authority to pursue peace talks, without clarifying the scope of that power. U.S. President Donald Trump also hinted at progress in negotiations, and investors read the remarks as a sign a new round of conflict between Tehran and Washington could be averted through diplomacy. However, indirect contacts with the U.S., mediated by Qatar, to end the eight-month war have yet to produce a breakthrough. Iran said its seven-step plan, which Trump rejected in September, has been streamlined so it can be implemented within two days, though its core position is unchanged and nuclear talks will only follow once conditions are met. China also urged all parties to prioritize political solutions over force.
Summary written by Upside AI from the original article. Read the source for full details.
Original headline: Cánh cửa hòa bình Mỹ - Iran hé mở giữa những tiếng nổ ở eo biển Hormuz
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IranStrait of Hormuzgeopoliticsoil prices
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Related tickers and likely impact
SPY
▲ Likely positiveSPDR S&P 500 ETF
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 11/02/2026 | 752.10 |
| Change that session | -0.48% |
XAU/USD
▼ Likely negativeRelevance: medium
| Market | Gold |
|---|---|
| Close on 11/02/2026 | 3,946.68 |
| Change that session | +1.84% |
VJC
▲ Likely positiveVietjet Air
Relevance: low
| Market | Vietnam stocks |
|---|---|
| Exchange | HOSE |
| Sector | Travel & Leisure |
| Industry | Airlines |
| Market cap | 101,751 bn VND |
| P/E | 46.2 |
| P/B | 3.84 |
| Close on 11/03/2026 | 132.20 |
| Change that session | -0.08% |
VNINDEX
▲ Likely positiveRelevance: low
| Market | Vietnam stocks |
|---|---|
| Close on 11/03/2026 | 1,699.62 |
| Change that session | -0.65% |
DXY
▼ Likely negativeRelevance: low
| Market | Currencies |
|---|---|
| Close on 11/02/2026 | 101.80 |
| Change that session | -0.16% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
- U.S. reportedly strikes Iran's Qeshm Island as Vance hopes for ‘negotiated settlement’ with Tehran
The Wall Street Journal, citing U.S. officials, reported that America struck Iran's Qeshm Island on Monday and has carried out 'limited strikes' against Iran in recent weeks, a campaign kept low-profile to avoid signalling major escalation. The island, near the Strait of Hormuz, is reportedly used to store anti-ship missiles, mines, drones and attack craft in underground tunnels. Vice President JD Vance said he and President Trump 'really feel good' about reaching a negotiated settlement, though he called Iranians 'unpredictable' and said Trump retains 'kinetic and non-kinetic' options. Vance added that no deadline has been set for a peace deal.
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U.S. President Donald Trump said the U.S. military has largely disabled Iran's military capabilities and nuclear program, but one or two sites remain, including the Pickaxe Mountain area, which could be handled within 10 minutes, so the U.S. will not rush into new strikes. Trump said negotiations to end the war that began in February are going smoothly, while Secretary of State Marco Rubio said no decision has been made on new strikes and the U.S. remains open to diplomacy. Tehran warned it would retaliate if attacked, and Supreme Leader Mojtaba Khamenei ordered commanders to update Iran's target list, which includes U.S. and Israeli assets. Qatar and Pakistan are acting as intermediaries, and Vice President JD Vance sent a letter to Mohsen Rezaei, but Iran says it will keep the Strait of Hormuz blockaded until its conditions, including release of frozen assets, are met.
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- What is happening in the Strait of Hormuz?
Industry experts are questioning ExxonMobil CEO Darren Woods's claim that oil flows through the Strait of Hormuz have almost returned to pre-war levels, at over 80%. According to Kpler, the strait is handling 82% of its former volume, while the wider region, including bypass routes, is shipping more than 24 million barrels per day above pre-war levels. Analysts at the Whisper of Oil Telegram channel say flows rely on tankers sailing in nighttime convoys under naval protection with AIS switched off, plus transfers to super tankers near Fujairah and Sohar. Freight costs have risen 12 times and insurance threefold; Iran treats the strait as closed, the U.S. maintains its blockade of Iranian ports, and Brent holds around $110, its highest since May. The article argues the market is pricing the risk of losing that volume while the war continues with no end in sight.
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