US energy stocks tumbled Monday as crude oil prices plunged following a breakthrough US-Iran agreement to end hostilities and stabilize global energy routes. The deal eased fears of Strait of Hormuz disruptions, leading to a sharp decline in oil prices and impacting major energy producers and refiners worldwide.

Stock markets rallied worldwide, and oil prices eased after the United States and Iran reached a tentative deal to get the global flow of crude going again

(Bloomberg) -- Stocks and Treasuries rallied while oil fell to a three-month low after the US and Iran reached a deal to reopen the Strait of Hormuz, easing concerns over…

Asian shares climb with Japan’s Nikkei nearing record close