German stocks climbed notably higher Monday morning amid rising optimism about a potential U.S.-Iran peace deal that could result in the reopening of the Strait of Hormuz.
According to a statement released on Sunday, the Islamic Revolutionary Guard Corps (IRGC) announced that 33 commercial vehicles and oil tankers passed through the Strait of Hormuz over the past 24 hours under the coordination and security supervision of the IRGC Navy.
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DAX Rises Nearly 1.25% On U.S.-Iran Peace Deal Hopes
2026-05-25 09:36:43
