Crude tumbles, stocks rally on hopes for Iran war de-escalation

Crude tumbles, stocks rally on hopes for Iran war de-escalation

Oil prices tumbled and stocks rose Wednesday on hopes for a de-escalation of the Middle East war after Washington sent a peace plan to Iran, while Tehran announced it will let "non-hostile" oil vessels through the crucial Strait of Hormuz.

NEW YORK Oil prices tumbled and stocks rose Wednesday on hopes for a de-escalation of the Middle East war after Washington sent a peace plan to Iran, while Tehran announced it will let "non-hostile"… [+3907 chars]

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