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Hopes of reopening the Strait of Hormuz lift shares, as oil remains above $100

Euronews · May 7, 2026, 5:55 AM · Also reported by 4 other sources

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Asian stocks surged to record highs on hopes the Iran war may be nearing an end, but Brent crude held above $100 a barrel, underscoring lingering market caution over energy supplies and geopolitical risks.

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NY Times An Uncertain World Awaits the Reopening of the Strait of Hormuz DW English Germany prepares for mission in the Strait of Hormuz Al Jazeera UN resolution calls for freedom of navigation in the Strait of Hormuz Al Jazeera Bahrain-led UN resolution on Strait of Hormuz gains support of 112 nations

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Hopes of reopening the Strait of Hormuz lift shares, as oil remains above $100

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