U.S. stocks steady amid oil gains

American stock markets remained stable amid rising oil prices, as talks between the United States and Iran over reopening the Strait of Hormuz stalled. The "S&P 500," "Nasdaq," and "Dow Jones" indices experienced only limited declines. Sources indicated that Iran is close to reaching an agreement with Oman to reopen the strait, but Tehran refuses to hold direct negotiations with Washington as long as American violations of the June agreement continue. Meanwhile, oil prices surged significantly, with West Texas Intermediate (WTI) crude rising by 5.1% to $82.13 per barrel. U.S. crude inventories also fell to their lowest levels since January 1983. The market reflects a sense of tension and risk due to ongoing unproductive negotiations, despite the previous week's strong performance driven by the jobs report and investor sentiment suggesting that the Federal Reserve may avoid raising interest rates.

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