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Oil prices sink and stocks rally worldwide on hopes for a reopening of the Strait of Hormuz
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Oil prices sink and stocks rally worldwide on hopes for a reopening of the Strait of Hormuz

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Oil prices are sinking, and stock markets are bursting higher worldwide with hopes that a deal is nearing to allow ships to deliver crude from the Persian Gulf once again to their customers.

NEW YORK (AP) — Oil prices are sinking, and stock markets are bursting higher worldwide Wednesday with hopes that the United States and Iran are nearing a deal to allow ships to deliver crude from the Persian Gulf once again to their customers. The p... [3661 chars]

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Source: AP News

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