Asian stocks saw gains with Japan leading, while the yen steadied after a recent drop. Traders are watching for signs of China’s economic troubles and upcoming US jobs data, which could influence Federal Reserve actions. Oil prices rose due to supply disruptions in Libya.
Oil prices well below $100 as Strait of Hormuz reopens but experts aren’t convinced just yet. Here’s why
Global markets are breathing easier as Iran declares the Strait of Hormuz fully open, a crucial oil route, amid a potential U.S.-Iran deal. This development,