US nears Hormuz deal, aiming for Wednesday announcement – Axios
According to a report from Axios, the United States (US), Iran, and Oman are closing in on an interim agreement to reopen the Strait of Hormuz, with the U.S. aiming for a Wednesday announcement, sources report.
Market reaction
The WTI Oil price has faced selling pressure after the news release. At press time, the WTI Oil price trades a little over 1% down at around $73.60.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
BlackRock American Income Trust sets total voting rights at 69,870,138 shares
Accuray teams with RaySearch to integrate RayStation software, buys USD 8 million in licenses
Global Mediacom debt reaches maturity on Sept. 14, 2026, IDX says
Empire Co. Ltd. Price Target Cut to C$48.00/Share From C$50.00 by Scotia
Crypto prices
More
