Oil Slides as U.S., Iran Reach Deal to Reopen Hormuz -- Update

WSJJun 15 03:31 ET

Oil and gas stocks opened sharply higher across the board, as Iran fully closed the Strait of Hormuz, reversing the downward trend in international oil prices.

Oil and gas stocks opened higher across the board. As of the time of writing, Shandong Molong (00568) rose 14.87% to HK$6.72; Dali Special Steel Holdings (01921) gained 9.35% to HK$3.39; CNOOC (00883) advanced 2.6% to HK$25.66; and PetroChina (00857) climbed 1.77% to HK$10.33.

Zhitong FinanceJun 10 21:27 ET

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WSJMay 12 12:12 ET

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