Energy stocks closed at the first record since March as investors see diminishing prospects for a near-term ceasefire in the Iran war that could ease the standoff in the crucial Strait of Hormuz.
Geopolitics Bloomberg Aug 18, 2026
Energy Stocks Hit Record as Oil Rises on Fading Deal Hopes
Energy stocks closed at the first record since March as investors see diminishing prospects for a near-term ceasefire in the Iran war that could ease the standoff in the crucial Strait of Hormuz.
