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Oil extends gains and stocks fall on fresh Hormuz worries
Oil prices extended gains and stocks fell further on Friday amid fading optimism over a deal to reopen the Strait of Hormuz, as reports said Iran was planning to block US and Israeli ships from the waterway…
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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.
