Energy prices tumbled and stocks jumped Monday — but only moderately — after the U.S. and Iran said they had reached a deal to reopen the Strait of Hormuz.
The United States and Iran have reportedly reached an agreement to reopen the Strait of Hormuz, a key development that led to a fall in global oil prices. Following this news, energy prices tumbled while stock markets experienced a moderate uptick. Experts are now questioning…
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