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S&P 500 falls as oil pops, Nvidia declines after earnings: Live updates CNBCStock market today: S&P 500, Nasdaq fall as oil prices rise on Iran peace talk doubts Yahoo FinanceUS Stocks Steady as Traders Await Hormuz Progress: Markets Wrap Bloomberg.comUS stocks slip after oil prices rise and Nvidia's latest profit report gets a yawn AP News
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Physical supplies of oil through the Strait of Hormuz are 95% below regular levels.
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Oil futures markets are sanguine, but history shows expectations have often been disappointed
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Oil futures were extending their declines on Wednesday after President Donald Trump suggested that a deal with Iran was close, raising hopes for a resolution to the months-long stalemate in the Middle East.
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