NZ sharemarket falls 0.96% as Middle East uncertainty lifts oil price – Market close

T&G Global’s operating profit rose 30.3% to $11.6m in six months.

Petrobras posts third-highest profit as Middle East conflict lifts oil prices  Reuters

Iran claims that a deal with Oman to reopen the Strait of Hormuz is on the verge of being finalised after both countries reportedly agreed coordinates to allow shipping routes through the critical waterway.

Oman and Iran are hammering out the final details of a deal to reopen and jointly manage the Strait of Hormuz, according to Iran's foreign minister. BBC News' Jon Donnison reports.

Under the proposed agreement Tehran would control inbound traffic according to reports Understanding reached on coordinates for shipping route through Hormuz, Iran says A third day of US-mediated talks between Lebanese and Israeli negotiators have begun in Rome, as Beirut seeks Israel’s withdrawal from southern Leban