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It was yet another volatile weekend surrounding the Strait of Hormuz.
The US Navy seized an Iranian-flagged cargo ship in the Gulf of Oman, while Tehran fired on ships and reimposed controls on this critical chokehold for global trade.
This past weekend's erratic events are setting up global markets on a tense final stretch before the US-Iran ceasefire is due to end tomorrow (Tuesday, April 21).
As markets keep watch over the ever-fluid and highly uncertain developments surrounding the Middle East conflict, other scheduled macro events could evoke further volatility for these 3 assets this week.