Oil falls, stocks climb on hopes of US-Iran Hormuz deal

Oil prices fell and Asian stocks climbed on Monday over hopes a deal between the United States and Iran to open the Strait of Hormuz could be brokered.Several sticking points have tempered hopes of a resolution to end the conflict and reopen the Strait of Hormuz, a critical energy corridor.

May 25, 2026 - 12:00
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Oil falls, stocks climb on hopes of US-Iran Hormuz deal
Oil prices fell and Asian stocks climbed on Monday over hopes a deal between the United States and Iran to open the Strait of Hormuz could be brokered.Several sticking points have tempered hopes of a resolution to end the conflict and reopen the Strait of Hormuz, a critical energy corridor.

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