By Caroline Valetkevitch
NEW YORK, June 18 (Reuters) - Major stock indexes climbed on Thursday as semiconductor shares jumped, while Brent oil touched its lowest level in weeks before finishing slightly higher.
An interim deal between the United States and Iran to end the Middle East war took effect, and oil tankers sailed through the Strait of Hormuz, pointing to a resumption of long restricted energy flows.
U.S. Vice President JD Vance, however, warned Israel against further attacks on Iran-backed Hezbollah in Lebanon, raising doubts about the durability of the U.S.-Iran ceasefire agreement.
Brent crude futures gained 30 cents, or 0.38%, to settle at $79.85 a barrel after sliding as low as $76.54 earlier in the session. U.S. West Texas Intermediate fell 19 cents or 0.25% to finish at $76.60 a barrel.
NEW YORK, June 18 (Reuters) - Major stock indexes climbed on Thursday as semiconductor shares jumped, while Brent oil touched its lowest level in weeks before finishing slightly higher.
An interim deal between the United States and Iran to end the Middle East war took effect, and oil tankers sailed through the Strait of Hormuz, pointing to a resumption of long restricted energy flows.
U.S. Vice President JD Vance, however, warned Israel against further attacks on Iran-backed Hezbollah in Lebanon, raising doubts about the durability of the U.S.-Iran ceasefire agreement.
Brent crude futures gained 30 cents, or 0.38%, to settle at $79.85 a barrel after sliding as low as $76.54 earlier in the session. U.S. West Texas Intermediate fell 19 cents or 0.25% to finish at $76.60 a barrel.
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