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Energy Down on Hormuz Hopes — Energy Roundup
Shares of energy companies fell alongside oil futures after reports that Iran and the U.S. were close to reopening the Strait of Hormuz.
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channelnewsasia.com
Oil drops, stocks hit records on hopes of Hormuz opening
Oil prices fell to a three-week low after the US said a deal with Iran to reopen the Strait of Hormuz to shipping could be reached "today or tomorrow".
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rnz.co.nz
Oil price drops, stocks hit records on hopes of Hormuz opening
Oil prices have fallen sharply after US Treasury Secretary Scott Bessent said a deal could be reached imminently with Tehran on re-opening the Strait of Hormuz to shipping traffic.
