Global markets responded positively after US President Donald Trump confirmed that the Strait of Hormuz will reopen and the US naval blockade will be lifted, bringing relief to investors following months of heightened geopolitical uncertainty. Oil prices moved lower following the announcement, with Brent crude falling more than 3% toward USD 84 per barrel and West Texas Intermediate (WTI) trading near USD 81. Equity futures also advanced as investors welcomed the prospect of reduced disruptions to global energy supplies. The conflict has been a dominant driver of market movements since ...