Hopes for reopening the Strait of Hormuz push Asian shares higher, as oil prices hold above $100
- Posted on May 7, 2026
- By The Toronto Star
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- 1 min read
Hopes for reopening the Strait of Hormuz push Asian shares higher, as oil prices hold above $100
Asian shares jumped and the price of crude oil was holding above $100 a barrel on Thursday as investors bet on hopes the U.S. and Iran will strike a deal
