Oil prices ease and markets rally as Trump works towards deal with Iran
US president briefly pauses ‘Project Freedom’ operation escorting ships through strait of Hormuz
Oil prices have eased and stock markets rose as Donald Trump touted “great progress” towards a “final agreement” with Iran and the rally in AI shares stepped up.
The US president said he would briefly pause his “Project Freedom” operation escorting ships through the strait of Hormuz, which carries about a fifth of the world’s oil supplies but has been blockaded by Iran since late February, triggering a global energy crisis. Continue reading...
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