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Oil Holds Losses After Iran Deal Spurs Stock Rally: Markets Wrap

Oil held losses after tumbling the most in more than two weeks on Monday as the US and Iran agreed to reopen the Strait of Hormuz, easing concerns over energy supplies and fueling a global equity rally. Stocks in Asia were set for a mixed open.

Oil Holds Losses After Iran Deal Spurs Stock Rally: Markets Wrap

Oil held losses after tumbling the most in more than two weeks on Monday as the US and Iran agreed to reopen the Strait of Hormuz, easing concerns over energy supplies and fueling a global equity rally. Stocks in Asia were set for a mixed open.

Energy Bloomberg Jun 15, 2026

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