Global markets received a lift this month from the US-Iran ceasefire and pledges to reopen the Strait of Hormuz, resulting in a gradual pick-up in vessel movements and a drop in oil prices to pre-war lows.

Global markets received a lift this month from the US-Iran ceasefire and pledges to reopen the Strait of Hormuz, resulting in a gradual pick-up in vessel movements and a drop in…

Sources told Axios that the U.S. and Iran agreed to halt attacks and meet in Qatar on Tuesday to resolve differences over the Strait of Hormuz.