Oil Rises With Hormuz Shut, Yen Gains After BOJ: Markets Wrap

Oil Rises With Hormuz Shut, Yen Gains After BOJ: Markets Wrap

Oil extended its daily rally to the longest in a month, while equities drifted amid little progress on reopening the Strait of Hormuz. The yen edged higher after the Bank of Japan kept its policy rate unchanged in a split decision.

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