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Wall Street futures stumbled; oil recovered as Iran reimposed the SOH blockade

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  ●       Ahead of the November '26 midterm election, Trump may prefer to extend the Iran war ceasefire for another 6 months, but he may continue the naval blockade. ●       Iran may not participate in the 2 nd peace meeting unless Trump relents , withdraws the naval blockade, and offers concessions. Iran ●       China (as a neutral & responsible super power) may take delivery of the ‘nuclear dust’ from Iran as a settlement (middle path) As of April 20, 2026, the fragile two-week ceasefire between the United States (along with Israel) and Iran—brokered primarily by Pakistan and effective around April 8—faces an uncertain future. The temporary truce, which paused direct US and Israeli airstrikes on Iranian targets that began in late February 2026, is scheduled to expire on April 22. With just days remaining, diplomatic efforts continue amid sharp contradictions in statements, military posturing, and esca...