Iran's Foreign Minister announced the Strait of Hormuz is fully open to all commercial vessels during the ceasefire, causing crude oil to plunge 14% to $81/barrel. Airlines and cruise lines surged as fuel costs declined, while energy and chemical companies fell sharply. The S&P 500 reached record highs with the Nasdaq 100 on its 13th consecutive gaining session.

CF Industries' stock dropped nearly 10% following a U.S.-Iran ceasefire announcement that eased concerns about Strait of Hormuz disruptions and reduced fertilizer prices. However, the article argues this presents a buying opportunity, citing the company's strong 2025 financial performance (19% revenue growth, 32.6% EPS growth), competitive advantage from cheap U.S. natural gas access, and strategic pivot into higher-margin green ammonia and clean energy sectors. Despite the recent dip, shares remain up 63% year-to-date.

With the Strait of Hormuz closure disrupting global energy and commodity flows, the article recommends 10 stocks positioned to benefit from supply chain shifts. These include U.S. oil producers, refiners benefiting from widened crack spreads, LNG exporters filling supply gaps, shipping companies handling longer routes, and fertilizer producers gaining from reduced competition.

U.S. equities staged their strongest rally in weeks on Tuesday following Trump's signals of willingness to end military hostilities with Iran. The S&P 500 advanced 1.8% to 6,456, though it remains down 6.2% for the month. Tech stocks led the recovery with the Nasdaq 100 rising 2%. Despite the rally, the S&P 500 is on track for its worst monthly performance since September 2022.

The Strait of Hormuz blockade is driving up oil and fertilizer prices, creating opportunities for three commodity stocks. CF Industries benefits from fertilizer demand without supply chain disruptions, ExxonMobil profits from surging oil prices as the largest U.S. oil company, and Vaalco Energy gains premium pricing advantages by operating in regions unaffected by the blockade.

The blockade of the Strait of Hormuz, through which 25% of global seaborne oil and 20% of LNG trade flows, is creating significant ripple effects across energy markets. Rising oil prices benefit U.S. exploration and production companies, while refining crack spreads have soared above $58. The disruption also benefits LNG suppliers from alternative sources, fertilizer producers, and LNG shipping companies facing longer routes.

FMC stock has fallen two-thirds over the past year due to industry headwinds and patent expirations in the agricultural chemicals sector. Despite challenges including declining revenue and earnings, the stock may present a buying opportunity for new investors due to two potential catalysts: a possible strategic acquisition at a premium price and new patented crop protection products. Trading at 8-9x forward earnings compared to competitors' mid-teens multiples, FMC appears undervalued, though the investment remains highly speculative.

An escalating Iran war has created the greatest global energy security threat in history, causing oil and gas prices to spike and damaging energy infrastructure. Energy and commodity stocks have surged as winners, while cyclical stocks, industrials, and Asian markets dependent on Persian Gulf oil have fallen sharply. Investors are advised to prepare for continued volatility rather than chase energy stocks.

The closure of the Strait of Hormuz has disrupted approximately 30-35% of global fertilizer supply, including nitrogen, phosphate, and potash. This supply shock is benefiting North American fertilizer producers, particularly those with domestic natural gas advantages. Three stocks are positioned to gain from higher fertilizer prices amid the extended shortage.

Geopolitical tensions in the Persian Gulf threaten to disrupt global energy and fertilizer supply chains. The article identifies CF Industries and Woodside Energy Group as potential beneficiaries due to their positioning to supply fertilizers and LNG to Asia, respectively, as traditional supply routes through the Strait of Hormuz face disruption.

U.S. stock futures rose on Wednesday with the Dow Jones, S&P 500, and Nasdaq 100 all gaining ahead of the Federal Reserve's interest rate decision and Jerome Powell's press conference. Markets are pricing in a 98.9% likelihood of unchanged rates. Key movers include Lululemon falling on weak guidance, Micron Technology gaining ahead of earnings, New Fortress Energy jumping 6.96% after a debt restructuring deal, and CF Industries declining following a downgrade.

Three weeks into the Iran war, markets are repositioning for a prolonged conflict lasting months rather than days. A 32-percentage-point divergence has emerged between stocks benefiting from a closed Strait of Hormuz (energy, defense, drones) which are up 17.55% on average, and those needing it open (airlines, cruise lines, logistics) which are down 15.35% on average. Prediction markets assign only a 26% probability of normal traffic returning by April 30, suggesting at least six more weeks of disruption.