Global stocks slip, oil climbs above $110 amid Hormuz uncertainty

Middle East Eye · April 7, 2026 Sanctions

Global stocks slip, oil climbs above $110 amid Hormuz uncertainty Global stocks struggled while oil prices climbed as investors reacted to rising tensions ahead of President Donald Trump’s deadline for Iran to reopen the Strait of Hormuz. Brent crude rose 0. 4% to $110.

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