The oil market is in shock following Donald Trump's decision to impose a naval blockade on Iranian ports, following the failure of the US-Iran negotiations in Islamabad. Prices exceeded $100 a barrel, with WTI reaching $104.8 and Brent reaching 102, recording a rise of over 8%. The U.S. Central Administration announced a complete blockade of ships from Iranian ports, while the Straits of Hormuz, from where it passed 20% of world production, face a dramatic reduction in tanker traffic.

# The Greek market begins a new upward cycle

The deescalation of U.S.-Iran tensions and the safe passage from the Straits of Hormuz led to a sharp drop in energy prices, with Brent retreating -14.3% to $91.70. The General Index reacted dynamically from 2,160 units, reaching 2,250, aiming at 2,620 units. Sarantis (+17.42%), Piraeus (+15.72%) and PPC (+15.38%). GEK TERNA announced a turnover of 3,855,4m euros (+18.6%) and EBITDA 631.4m euros (+86,2%), while Crediabank completed a successful capital increase of 300m euros with overcompensation of 3.8 times.