StockNow
Log in
CommoditiesIMPORTANT

[MARKET UPDATE] Oil prices decline as Trump says Hormuz is only closed to Iran, and replaces 20% US "reimbursemet fee" for using Hormuz with trade and investment deals with various gulf states

StockNow breaking-news AI analysis

Oil prices declined as Trump replaced a 20% Hormuz transit fee with Gulf investment deals and clarified the strait remains open to non-Iranian traffic despite an active naval blockade.

What do investors think?

Curious what other investors think?Log in to see reactions and join the conversation.
Log in to view reactions

StockNow uses AI to translate and analyze information and does not guarantee its accuracy or completeness.

Today's market highlights

A selection of stories drawing attention in the market.

See more
U.S. Markets

Eli Lilly (LLY) Q2 2026 (USD): Adj. EPS 8.38 (exp. 6.01), Revenue 23bln (exp. 20.7bln)

LLYGeopolitics

Gulf official tells CNN “50:50” chance US and Iran could reach deal by Friday, CNN reports; Iranian delegation does not include IRGC, which would need to sign off on details of provisional agreement

U.S. Economy

US ADP Employment Change (Jul) 44K vs. Exp. 70K (Prev. 98K)