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Stocks climb as oil retreats on U.S.-Iran Hormuz deal; Friday agreement expected

New York, June 15, 2026, 17:09 (EDT) Indexes rose Monday as investors bet on a possible U.S.-Iran deal that could defuse tensions and get the Strait of Hormuz moving again. Stocks bounced after recent losses tied to inflation worries. Brent crude dropped $4.16, or 4.76%, to settle at $83.17. U.S. West Texas Intermediate fell $4.13, or 4.87%, ending the day at $80.75. Both crude benchmarks closed at their lowest since March 4, Reuters said in its oil market report. (Reuters) Stocks climbed, tracking a drop in oil prices that offered some relief to companies and consumers facing higher fuel, freight,

The post Stocks climb as oil retreats on U.S.-Iran Hormuz deal; Friday agreement expected appeared first on India Stocks Daily.

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