Bloomberg News Now: Markets Rally as Iran Signals Hormuz Pause; Lagarde, IMF, Fed, Big Banks, Amazon

Bloomberg News reports that Tehran is considering a short‑term pause on shipping through the Strait of Hormuz to support renewed peace talks, lifting sentiment across global markets. Oil prices fell sharply while U.S. equities advanced, and ECB President Christine Lagarde warned that the energy shock is pulling the eurozone off its baseline outlook.
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