India, May 29 -- After a slightly weak start, German stocks recovered and moved into positive territory on Friday as oil prices fell on reports the U.S. and Iran have agreed to extend their ceasefire by sixty days.
According to the tentative agreement, pending final approval from U.S. President Donald Trump, Iran would not be able to impose tolls on ships transiting the Strait of Hormuz, while the U.S. would gradually lift its sea blockade on Iranian ports.
For comments and feedback contact: editorial@rttnews.com
Published by HT Digital Content Services with permission from RTT News....