U.S. Futures Higher, Oil Holds Around $80 on Hopes for Imminent Hormuz Reopening

A rally across global stock markets continued, with sentiment boosted by the prospect of a U.S.-Iran agreement to reopen the Strait of Hormuz.

Aug 5, 2026 - 19:00
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U.S. Futures Higher, Oil Holds Around $80 on Hopes for Imminent Hormuz Reopening
A rally across global stock markets continued, with sentiment boosted by the prospect of a U.S.-Iran agreement to reopen the Strait of Hormuz.

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