Wall Street

1 article

Naval vessels in the Strait of Hormuz as a symbolic deal is reached, leading to a shift from tension to calm and reopening of global trade routes.

US Futures Rise as Deal Reopens Strait of Hormuz

Just hours after the global Brent oil benchmark price briefly surged to nearly $103 a barrel, news of a US-Iran deal to reopen the Strait of Hormuz sent crude prices plummeting.

Alex Petrenko·June 15, 2026