WS #10449
US lifts all oil sanctions on Iran for 60 days; Strait of Hormuz reopening agreed but traffic at 3% of normal; Trump says Iran will agree to major weapons inspections; defense stocks dip on peace progress; Hormuz crisis sparks pipeline boom. Japan aims to push 40% of household assets into investments; Trump administration proposes looser oil drilling rules and slashes oil-drilling bond amount by 95%.
US-Iran de-escalation and oil supply
US lifts all oil sanctions on Iran for 60 days; Strait of Hormuz reopening agreed but traffic at 3% of normal; Trump says Iran will agree to major weapons inspections; defense stocks dip on peace progress; Hormuz crisis sparks pipeline boom.
Japan aims to push 40% of household assets into investments; Trump administration proposes looser oil drilling rules and slashes oil-drilling bond amount by 95%.