(Bloomberg) -- Stocks climbed around the world, joining gains in bonds as oil slumped after the US and Iran agreed to reopen the Strait of Hormuz, fueling hopes for an end to the conflict that has roiled markets.

(Bloomberg) -- Wall Street traders drove stocks higher as oil fell after Iran signaled a deal with the US is approaching, fueling hopes for an end to the war that has roiled…

(Bloomberg) -- Stocks rallied, oil slumped and the dollar fell after the US and Iran said they had reached a deal to reopen the Strait of Hormuz.