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Islamabad Memorandum Expires
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Market updateBrent Crosses $90 as Strait of Hormuz Tensions Rise: Iran Market Pulse, Midday Tuesday, Aug 18, 2026; TEDPIX Hits 5.914 Million
Brent crude jumped more than 2.5% on Monday evening, August 17, to cross $90 a barrel, and sits near $91 today, Tuesday, August 18, 2026. The UK Maritime Trade Operations agency reported a fresh maritime incident in the Strait of Hormuz this morning, and Reuters reported Iran has shifted to an "offensive" posture. Meanwhile Tehran's TEDPIX rose 0.28% to 5,914,672 by 11am, while the dollar and domestic gold stayed calm.
Market updateIran Market Pulse, Midday Monday, August 17, 2026: TEDPIX Jumps 2.3% Past 5.898 Million as Gold and Coin Retreat
Tehran Stock Exchange's TEDPIX index jumped 2.3 percent (132,479 points) from yesterday's close by 11 a.m. today, Monday, August 17, 2026, reaching a fresh record of 5,898,860 points, while the equal weighted index rose 2.28 percent. In the same hours, gold and coin prices in Tehran eased and the Emami coin's premium kept deflating, while the free market dollar held near 186,680 tomans with no significant change.