Hopes for reopening the Strait of Hormuz push world shares higher, as Brent crude holds above $100 - AP News
business 2026/05/07 07:35:00

Hopes for reopening the Strait of Hormuz push world shares higher, as Brent crude holds above $100 - AP News

Source:Associated Press
Author:Elaine Kurtenbach

World shares have advanced, with Tokyo’s Nikkei 225 up nearly 6%. The price of Brent crude was holding above $100 a barrel early Thursday, however, as investors waited to see if the U.S. and Iran will strike a deal allowing tankers to deliver crude from the P…