GLOBEALERT
BUSINESS● ELEVATEDAug 5 · Aug 5, 2026, 8:15 AM

Oil drops , stocks hit records on hopes of Hormuz opening

thedailystar.net · Bangladesh

Oil prices have dropped and stock markets have reached new records, fueled by hopes for the opening of the Strait of Hormuz. This positive market reaction reflects potential improvements in global trade and stability.

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