Iran Moves Its Own Oil Through Hormuz, Stocks Rise in Runup to Fed | The Opening Trade 3/18/2026

Iran has been moving its crude through the Strait of Hormuz at rates broadly comparable to transit before the war began, making the most of its control of the vital waterway as other exporters falter. Iranian crude exports through the corridor accounts for nearly three-quarters of the 27.2 million barrels that have left the Persian Gulf since March 1, data from intelligence firm Kpler Ltd. show. That amounts to about 1.2 million barrels a day of crude for Tehran, compared to a pre-war daily level of 1.5 million barrels. Stocks rose across the world as sharp swings in oil markets subsided while traders awaited Wednesday’s Federal Reserve meeting. The Opening Trade has everything you need to know as markets open across Europe. With analysis you won't find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Anna Edwards, Lizzy Burden and Tom Mackenzie. (Source: Bloomberg)