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Hello, this is Dylan Butts writing to you from Singapore. Welcome to another edition of CNBC’s Daily Open.
Wall Street traded on the promise of peace Thursday, lifting U.S. equities on the back of a two-week ceasefire between Washington and Iran.
However, energy markets reflected a less optimistic reality, with oil climbing as access through the Strait of Hormuz appears to remain restricted.
The question now: Could Iran be pushing for a new normal in one of the world’s most critical shipping lanes?
