Stocks drop and oil rises as Hormuz hopes fade

· manilatimes.net

HONG KONG — Asian stocks mostly fell and oil prices extended gains Tuesday as hopes for a reopening of the Strait of Hormuz fade amid expectations the Federal Reserve will hike interest rates again next month.

HONG KONG — Asian stocks mostly fell and oil prices extended gains Tuesday as hopes for a reopening of the Strait of Hormuz fade amid expectations the Federal...


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