Finance

Oil Pares Gain, Stocks Rise on Iran Plan Report: Markets Wrap

Crude oil pared its gains and Asian stocks rose after Axios reported that Iran offered the US a new proposal regarding the reopening of the Strait of Hormuz.

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Bloomberg
April 26, 2026·1 min read
Oil Pares Gain, Stocks Rise on Iran Plan Report:  Markets Wrap

Image: Bloomberg

Crude oil pared its gains and Asian stocks rose after Axios reported that Iran offered the US a new proposal regarding the reopening of the Strait of Hormuz.

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Oil Pares Gain, Stocks Rise on Iran Plan Report: Markets Wrap

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