Energy shares slipped as crude futures rose but remained below $80 a barrel, while markets await for a normalization of trade through the Strait of Hormuz. The Fed sounded hawkish, keeping the possibility of a rate increase on the table.

Oil Slides as U.S., Iran Reach Deal to Reopen Hormuz

June 15 : U.S. energy shares fell on Monday as crude prices dropped after Washington and Tehran agreed terms to end their months-long conflict and reopen the Strait of Hormuz, a…