Shares of energy companies rose amid doubts about the reopening of the Strait of Hormuz and the potential for a broadening of the Iran conflict.
Iran and Israel ended multiple exchanges of fire Monday but left open the possibility of resuming attacks that pressured President Trump's fragile Middle East ceasefire. Both sides appeared to heed a Trump call for a cessation, though neither ruled out future strikes.
Houthi rebels in Yemen threatened to block Israeli shipping in the Red Sea. Saudi Arabia sharply cut the price of its main oil grade for Asia, a reflection of slowing demand.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
