Oil tumbles, stocks gain on US-Iran deal hopes
By Iain Withers and Tom WestbrookWorld stocks edged higher on Friday while oil prices slid and headed for a weekly drop as traders awaited clarity on efforts to reopen the Strait of Hormuz and extend the U.S.-Iran ceasefire.Sources told Reuters the U.S. and Iran had agreed to extend their ceasefire…
By Iain Withers and Tom WestbrookWorld stocks edged higher on Friday while oil prices slid and headed for a weekly drop as traders awaited clarity on efforts to reopen the Strait of Hormuz and extend the U.S.-Iran ceasefire.Sources told Reuters the U.S. and Iran had agreed to extend their ceasefire…
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