US and Iran agree 2-week ceasefire that will open Strait of Hormuz

April 8, 2026 · Financial Times

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Shares of Asian tech and semiconductor comoanies surged on the news that the U.S. and Iran agreed to a conditional two-w
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Spiked as much as 4.9% to $72 738, its highest level since March 18, before paring gains to trade at $71 300 at noon on
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