Home / BusinessBusinessAl JazeeraBusinessAl Jazeera·Aug 5, 2026·1 min readUS stock market hits record high amid hopes for Strait of Hormuz reopeningOil prices fall as US officials tout progress in talks to reopen critical waterway.View original source — Al Jazeera ↗ShareCopy linkShare on XShare on FacebookRelated storiesBusinessThe PunchBusinessAug 5, 2026 · 1 minState police bill won’t suffer recess delay – SenateThe PunchBusinessThe PunchBusinessAug 5, 2026 · 1 minLagos court jails illegal forex dealer two monthsThe PunchBusinessThe PunchBusinessAug 5, 2026 · 1 minDangote eyes $5bn IPO to finance refinery expansionThe PunchBusinessThe PunchBusinessAug 5, 2026 · 1 minBrent drops below $80 as Hormuz talks progressThe Punch
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