FITCH: OPEC LIKELY TO PRODUCE UP TO MAXIMUM CAPACITY TO OFFSET VOLUMES LOST DUE TO HORMUZ CLOSURE

The latest US jobs report adds an interesting layer to that backdrop. On the surface, payrolls came in stronger than expected, but the details were more mixed. From a market perspective, that mix supports the current positioning. It reduces the urgency for the Fed to tighten further, while not being weak enough to trigger recession fears. In the context of elevated oil prices and geopolitical risk, this is a relatively ‘goldilocks’ outcome. However, it also reinforces the idea that markets are pricing a best-case balance of resilient growth, contained inflation and manageable geopolitical fallout.

伊朗伊斯兰共和国广播电视台（IRIB）：伊朗和土耳其外长通电话。伊朗外长阿拉格齐向土耳其外长通报了近期地区局势发展，特别是他所说的美国屡次违反4月8日停火协议的行为。他表示，波斯湾和波斯湾地区的不安全局势源于美国的行动。