The U.S. and Iran have immediately received a ceasefire plan! Iran’s latest response! U.S. stocks surge across the board!

When it comes to stock trading, just look at Jin Qilin analysts’ research reports—authoritative, professional, timely, and comprehensive. Help you uncover high-potential theme opportunities!

Iran’s situation brings a major update!

Citing a source, Reuters on the 6th reported that the U.S.-Iran ceasefire agreement may take effect on the 6th. According to the report, Pakistan has drawn up a framework proposal to end the conflict. The plan is to first achieve an immediate ceasefire, reopen the Strait of Hormuz, and then reach a final agreement within 15 to 20 days.

Senior officials in the Iranian government said they have received the latest ceasefire proposal submitted by Pakistan, the mediator, and are currently reviewing its contents. The official said Iran would not reopen the Strait of Hormuz in exchange for a “temporary ceasefire.”

Likely influenced by the above developments, gains in U.S. stock index futures expanded. As of the time of publication, Nasdaq 100 index futures were up 0.81%, S&P 500 index futures were up 0.53%, and Dow Jones index futures were up 0.32%. In addition, India’s NIFTY index was up 0.8%, after earlier falling 0.8%.

Ahead of the U.S. market open, storage chip concept stocks rose across the board. As of 16:00, Micron Technology and SanDisk were up more than 3%, Western Digital up more than 2.5%, and Seagate Technology up 1.83%. Large tech stocks also climbed broadly: Tesla was up 1.51%, Microsoft and Meta were up more than 0.60%, and Google was up 0.75%.

International oil prices, however, dropped sharply. WTI crude oil’s intraday decline reached 2%, trading at $109.3 per barrel, after having risen more than 3.5% earlier.

British media: The U.S.-Iran ceasefire agreement may take effect on the 6th

According to Xinhua News Agency, Reuters, citing a source, reported that on the 6th local time, the U.S. and Iran have received a proposal regarding the ceasefire agreement, which may take effect on the 6th.

The source said Pakistan has prepared a framework proposal to end the conflict and has communicated with the U.S. and Iran. The plan is to first implement an immediate ceasefire, reopen the Strait of Hormuz, and then reach a final agreement within 15 to 20 days. The final agreement may include Iran’s commitment not to pursue nuclear weapons in exchange for the lifting of sanctions and the release of frozen assets.

Also, according to CCTV News, on the 6th local time, the chief reporter of the station learned that, according to sources, Iran and the U.S. have received a plan to end hostilities and implement an immediate ceasefire.

The source said Pakistan has developed a framework for ending hostilities and exchanged views with Iran and the U.S. The framework outlines a two-step strategy: first an immediate ceasefire, and then a comprehensive agreement.

The report said Pakistan Army Chief of Staff Asim Munir and U.S. Vice President Vance, the U.S. President’s special envoy Witcoff, and Iran’s Foreign Minister Aragchi exchanged discussions through the night.

Under the proposal, the ceasefire would take effect immediately, the Strait of Hormuz would be reopened, and 15 to 20 days would be set aside to finalize a broader solution. The agreement is tentatively named the “Islamabad Agreement,” with final in-person talks to be held in Islamabad. According to sources, the final agreement is expected to include Iran’s commitment not to develop nuclear weapons in exchange for lifting sanctions and releasing frozen assets.

Iranian officials previously said that Tehran is seeking to reach a permanent ceasefire agreement and guarantee that Iran will not face further attacks by the United States and Israel.

A small number of oil tankers and cargo ships pass through the Strait of Hormuz

Multiple media outlets reported earlier that a small number of oil tankers and cargo ships had passed through the Strait of Hormuz.

Citing Reuters, a Xinhua News Agency report on the 5th said that an oil tanker carrying Iraqi crude oil has passed through the Strait of Hormuz and will unload at relevant Malaysian ports in mid-April. The report, citing unnamed sources, said the Iranian side allowed multiple ships associated with Malaysia to pass through the Strait of Hormuz. Earlier, Qatar’s Al Jazeera reported that Iran said it would allow Iraq to use the Strait of Hormuz without restriction.

In addition, Reuters said in another report that Iraq’s National Oil Marketing Organization required customers to submit crude oil loading plans as soon as possible.

BBC’s report on the 4th said that a large container ship affiliated with France’s CMA CGM Group had also passed through the Strait of Hormuz. Kepler, a shipping analysis organization, said this was the first ship crossing the Strait of Hormuz since the outbreak of hostilities between the U.S., Israel, and Iran—belonging to a large Western European maritime company. In addition, Japanese trading company Mitsui also said that one of its liquefied natural gas transport vessels had passed through the Strait of Hormuz earlier.

A South Korean official with knowledge of the matter said on the 6th that the ruling People Power Party and the government reached an agreement that day to send envoys to Saudi Arabia, Oman, and Algeria to open up new channels for crude oil imports.

On the 6th, South Korean National Assembly lawmaker An Do-jae of the Democratic Party told Yonhap News Agency that on that day, Democratic Party lawmakers and government officials discussed in the National Assembly the search for new sources of crude oil imports to make up for the crude oil shortfall caused by shipping disruptions through the Strait of Hormuz.

South Korea is highly dependent on imports for energy—about 70% of its crude oil comes from the Middle East, and more than 95% of it is transported via the Strait of Hormuz. An Do-jae said South Korea is in talks with oil-producing countries that do not export via the Strait of Hormuz. In addition, South Korea plans to dispatch five ships bearing the South Korean flag to the Saudi Red Sea port of Yanbu to ship oil.

Since February 28, the U.S. and Israel have carried out military strikes against Iran, severely impacting international energy supplies and driving energy prices sharply higher. Since early March, the South Korean government has repeatedly upgraded resource security crisis alerts, and on April 2 it raised the level to level three. The highest level of this alert mechanism is level four. South Korean President Lee Jae-myung said on April 2 that due to the situation in the Middle East, the South Korean economy is currently in a “wartime state.” Lee Jae-myung said on the 5th that the South Korean government will use all available policy tools to prevent the current crisis from evolving into a greater crisis.

		Sina Statement: This news is reposted from a media partner of Sina. Sina.com публиishes it for the purpose of transmitting more information, and does not mean that it agrees with the viewpoints or verifies the descriptions. The article content is for reference only and does not constitute investment advice. Investors act at their own risk.

A wealth of information and precise insights—available on the Sina Finance APP

Responsible editor: Yang Hongbo