Stocks leap as Iran ceasefire sparks global ‘relief rally’
Oil prices tumble following deal between Washington and Tehran to open Strait of Hormuz
Oil prices tumble following deal between Washington and Tehran to open Strait of Hormuz

Iran is reviewing a Washington-backed peace proposal while Trump says conflict will end if both sides strike agreement

Crude had stabilised on optimism that a deal could be reached to reopen the Strait of Hormuz

Oil prices slide as Tehran says it will allow ‘safe passage’ through vital waterway

Washington-Tehran ceasefire agreement fails to stem global energy crunch

Trump suggests warring sides are closer to a permanent ceasefire

Extent of increase likely to depend on whether Tehran retaliates with attacks on oil infrastructure or shipping in Strait of…