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Home›Commodities›Energy›Markets price hope for a possible Hormuz deal

Markets price hope for a possible Hormuz deal

The renewed prospect of an Iran-related Hormuz agreement is lifting sentiment after a modest overnight rise, with oil prices and bond yields turning lower on the headlines.

Reported · Written up by our desk · Energy

Mortgage News Daily reports that investor attention is shifting to the possibility of progress in Iran, after Treasury Secretary nominee Scott Bessent floated the idea that a Hormuz deal could arrive as early as this week.

The outlet says markets are trading the hope, with prices moving after the headlines, following a modestly higher session overnight.

Mortgage News Daily adds that oil prices and bond yields are quickly lower in response to the renewed expectations around a potential Hormuz agreement.

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Sources

Mortgage News DailyHormuz Deal Hopes Turning Bonds Green at Open

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