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Golden Ten Data reported on April 9 that, according to brokerage firm McGill and Partners, following the ceasefire between the United States and Iran, shipowners are making a "large number" of insurance requests to transit the Strait of Hormuz. David Smith, the Head of Marine at the London-based company, stated that the increase in demand has also brought a "significant rate adjustment." He added that despite the ceasefire agreement, "the situation of war remains severe, and the Strait of Hormuz is still classified as an extremely high-risk area." Andrew James, Managing Director of Marine at Arthur J. Gallagher & Co, said: "The latest ceasefire news is a positive signal and is expected to ease passage conditions through the Strait of Hormuz and the wider region. It is still very early days, but underwriters have started to acknowledge the ceasefire and reduce rates on some risks." He added that insurers "will continue to exercise caution as they monitor how the situation develops."

Middle East Abu Dhabi Murban crude oil futures fell by 18.70%, closing at $96.96 per barrel. NYMEX May natural gas futures closed at $2.7240 per million British thermal units. NYMEX May gasoline futures closed at $3.0059 per gallon—a drop of over 9.05%. NYMEX May heating oil futures closed at $3.8084 per gallon—a decrease of 14.94%.

Strategy Executive Chairman Michael Saylor stated at the Mizuho event that Bitcoin may have bottomed out near $60,000 in early February, when forced sellers had been cleared. He believes that the development of Bitcoin-based banks and the digital credit market may drive the next round of price increases, and mentioned that the threat of quantum technology to Bitcoin remains theoretical and may take decades to materialize.