(Bloomberg) -- US equity futures climbed, oil slumped and the dollar fell after President Donald Trump and Pakistani mediators said the US and Iran had reached a peace agreement that would reopen the Strait of Hormuz.

(Bloomberg) -- Stocks extended gains and oil fell after President Donald Trump said the US was nearing an agreement with Iran, raising expectations for a diplomatic end to the…

(Bloomberg) -- US equity futures climbed, oil slumped and the dollar fell after President Donald Trump and Pakistani mediators said the US and Iran had reached a peace agreement…

Oil prices dropped significantly as President Trump and Iran's deputy foreign minister announced an initial deal to end the war and reopen the Strait of Hormuz. The agreement,…