U.S.-Iran ceasefire, Hormuz reopening to ease shipping disruptions, says Indian trade body FIEO

The announcement of a ceasefire betwixt the U.S. and Iran, on with the reopening of the Strait of Hormuz, volition supply contiguous alleviation to exporters by easing shipping disruptions, Federation of Indian Export Organisation (FIEO) said connected Wednesday (April 8, 2026).

U.S. President Donald Trump announced a two-week suspension of subject strikes against Iran.

Iran agreed to let harmless navigation done the Strait of Hormuz during the ceasefire, triggering sweeping marketplace moves crossed oil, equities and currencies.