Markets in Asia and Europe move higher after Iran says it will permit ‘non-hostile’ ships through strait of Hormuz
The price of oil has dipped and Asian and European stock markets have moved higher after reports that Donald Trump has sent a 15-point framework for peace to Iran, amid hopes of a ceasefire in the Middle East.
Positive sentiment may also have been boosted by reports that Iran had announced it was permitting “non-hostile” ships to pass safely through the strait of Hormuz, in a move that could help to reopen the vital shipping lane.
