Shares of energy companies rose as oil futures levelled off.
New York-traded oil futures fell 65 cents, or 0.9%, to $73.21 a barrel after the U.S. lifted sanctions on Iranian oil.
Iran and Oman said in a joint statement they were working on an agreement on the future administration of navigation through the Strait of Hormuz and "the costs associated."
The Supreme Court revived a lawsuit Exxon Mobil brought against oil companies owned by the Cuban government that seeks $1 billion in damages for the oil refinery and service stations Cuba took from the U.S. company after Fidel Castro seized power in 1960.
Write to Rob Curran at rob.curran@dowjones.com
