ASX set to rise, oil falls as optimism on Iran deal grows

🇦🇺 The Sydney Morning Herald (AU) —
ASX set to rise, oil falls as optimism on Iran deal grows

AI Summary

Global stock markets reached record highs while crude oil prices declined amid growing optimism over a potential US-Iran deal to reopen the Strait of Hormuz and restore oil flows.

Global stocks rose to record highs as crude oil fell after officials signalled the US was nearing a deal with Iran to reopen the Strait of Hormuz and restore oil flows.

World Politics Markets Deals Commodities Energy Shipping stock markets crude oil Iran deal Strait of Hormuz oil flows global economy energy prices

Read original source →