Brent crude crashed ~6% on US–Iran de-escalation hopes, lifting Asia and Europe to records while US markets sat out Memorial Day. What it means for Brazil.

(Bloomberg) -- Global stocks rose to record highs as crude oil fell after officials signaled the US was nearing a deal with Iran to reopen the Strait of Hormuz and restore oil…

WTI, Brent slide over 6% as ‘war risk premium’ fades on US-Iran talks

Brent crude crashed ~6% on US–Iran de-escalation hopes, lifting Asia and Europe to records while US markets sat out Memorial Day. What it means for Brazil.

Asian equities retreated from record highs as conflicting signals from the US and Iran on a potential peace deal emerged. Crude oil prices surged as the Strait of Hormuz remained…

The Dow hit a fresh record as oil cratered another 5.5% on an unconfirmed Iran report that Hormuz traffic would normalize within a month, while a weak 5-year auction kept the bond…