Oil Holds Gains, Asian Stocks Set for Muted Open: Markets Wrap

Oil held onto a rally as hopes faded for a deal to reopen the Strait of Hormuz, while Asian stocks were set for a muted start ahead of key US...

By Rob Verdonck · Bloomberg Markets

Oil held onto a rally as hopes faded for a deal to reopen the Strait of Hormuz, while Asian stocks were set for a muted start ahead of key US inflation reports.