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Tehran has repeatedly closed off the strait since the US and Israel attacked the country in February.
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The markets' moves were the first since President Trump said he had halted a planned U.S. assault on Iran.
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Israel says it has shared concerns with the United States about the proposed disarmament deal with Hamas, raising new doubts about the agreement touted by President Donald Trump.
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This is how we decide who we are and who we want to be.
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President Trump cited progress in the negotiations when canceling a threatened attack on Iran over the weekend. Iran said there were no current talks with the United States.
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Oil prices fell on Monday as investors pared geopolitical risk premiums after U.S. President Donald Trump said he had called off a planned strike on Iran.
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The 250-foot-tall edifice would alter views across Washington and Arlington Cemetery.
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Acting Attorney General Todd Blanche rescinds President Trump's anti-weaponization fund ahead of his confirmation hearing. And, the president calls off strikes on Iran over a potential deal.
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The United States and Iran will hold new talks Monday afternoon, President Donald Trump said, after announcing he called off intense new strikes to allow for a deal on the Strait of Hormuz and Tehran's nuclear program.
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The latest peace proposal calls for warring parties to return to negotiations and continue working out some of the thorny issues that derailed diplomatic efforts.
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Israel has shared "serious security concerns" with the White House regarding the proposed disarmament deal with Hamas, an Israeli official said Sunday in what were some of the first public comments since U.S. President Donald Trump announced the agreement.
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