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Iran Says US Accepted Only Some of 7 Cease-Fire Terms, Vows Hormuz Stays Shut

Iran says the US accepted only part of its seven cease-fire conditions and vows to keep the Strait of Hormuz closed.

What happened

Iran said the US accepted only some of its seven cease-fire conditions and vowed to keep the Strait of Hormuz closed, according to 헤럴드경제.

What it means for the Nasdaq and TQQQ

The Strait of Hormuz is a key shipping route for oil, so a vow to keep it closed can affect tanker traffic and energy prices. Higher oil costs can add to inflation pressure and influence interest-rate expectations, a factor that tends to weigh on Nasdaq-100 growth stocks. TQQQ, which seeks about 3x the daily moves of the Nasdaq-100, can see larger swings when those rate and risk-appetite shifts hit the index.

Originally reported by 헤럴드경제. Written up by Quant Paradise from the report's headline; see the original outlet for full details.

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Education, not investment advice.