Traders Brace for Renewed Turmoil on Hormuz Standoff

Bloomberg Bloomberg —

Traders are preparing for a bumpy open to the week as a continued standoff around the Strait of Hormuz revives the uncertainty that Wall Street had been eager to look past, after a week that drove the S&P 500 Index to a record and pushed oil back toward $90 a barrel.

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Hormuz Standoff Disrupts Global Trade