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The agreement to re-open the Strait of Hormuz has been met with swift relief in markets. But some traders worry the rally in stocks and drop in oil prices might be overdone.

Summary Gas prices have dropped below $4 a gallon and stocks are near record highs after the Strait of Hormuz reopened.But analysts warn that markets may be pricing in too much opti…

What we know

  • Source: CNN
  • Byline: John Towfighi
  • Published: 19 Jun 2026 09:00

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