Oil Prices Rise, Markets React to Iran Ceasefire Reports Amid Hormuz Tensions

Global markets saw oil prices climb and stocks fluctuate as investors weighed reports of a potential 45-day ceasefire in Iran against President Trump's escalating threats regarding the Strait of Hormuz.

Coverage

• Asian shares mostly gain while oil prices keep rising - AP News
• Trump's Iran ultimatum and signals of a possible deal keep investors on tenterhooks
• Report: Iran Mediators Push Last-Ditch 45-Day Ceasefire - Newsmax

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