Oil tankers passing through Hormuz stopped after Israel's ceasefire breach – Fars News Agency

FXStreetApr 8, 2026 2:58 PM

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Iran's Fars News Agency reported on Wednesday that oil tankers passing through the Strait of Hormuz have been stopped after Israel breached the ceasefire, per Reuters.

Meanwhile, citing an unnamed source, Iran's Tasnim News Agency reported that Iran will withdraw from the ceasefire agreement if attacks on Lebanon continues, claiming that stopping war at all fronts, including Lebanon, was part of the two-week ceasefire agreement with the US.

Market reaction

The US Dollar (USD) Index recovered slightly from the four-week low it touched near 98.50. At the time of press, the USD Index was down 0.72% on the day at 98.80.

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