# UBS: Markets are not yet in the clear on the Iran-U.S.

*business · news · 2026-04-08 · Markets Insider*

## Key points

- UBS warns that the Strait of Hormuz's shipping flow will not quickly return to pre-war levels.
- Iran briefly blocked the Strait again, citing an Israeli attack in Lebanon as a ceasefire breach.
- Uncertainty remains over future control of the Strait and whether Iran might impose passage tolls.
- UBS forecasts gold could reach $5,900/oz by year-end as a hedge against ongoing risks.

**Companies:** UBS
**Countries:** United States, Israel, Iran

[Read the full story on Markets Insider](https://markets.businessinsider.com/news/stocks/us-iran-ceasefire-war-stock-market-risks-strait-of-hormuz-2026-4)

---

Canonical: https://newsio.io/n/74454351-2986-4700-916f-fdfebffec65b/ubs-markets-are-not-yet-in-the-clear-on-the-iran-u-s
Summarized by Newsio from Markets Insider. https://newsio.io/how-it-works