Asian shares are sharply higher and the price of crude oil was holding above $100 a barrel as investors bet on hopes the U.S. and Iran will strike a deal allowing tankers to deliver crude from the Persian Gulf again
Source link : https://www.independent.co.uk/news/iran-strait-of-hormuz-nvidia-amd-asian-b2971939.html
Author : Elaine Kurtenbach
Publish date : 2026-05-07 01:31:00
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Hopes for reopening the Strait of Hormuz push Asian shares higher, as oil prices hold above $100
By IntelliNews