Iran said an agreement with Oman on new shipping lanes through the Strait of Hormuz is in its "final stages," but Tehran reiterated that the strategic waterway will not reopen unless the U.S. meets several conditions.
Oil Prices Rise as Markets Watch Hormuz Late Sunday, Dow futures fell 127.00 points, or 0.23%, to 54,025.00, while S&P 500 futures declined 7.25 points, or 0.09%, to 7,772.50.
Nasdaq 100 futures gained 26.50 points, or 0.09%, to 29,861.25 as of around 8:31 p.m.
EDT.
In commodities, WTI crude oil rose 0.91% to $78.89 per barrel, while Brent crude gained 1.13% to $84.49 per barrel.
