Passengers Avert FlyDubai Tel Aviv Crash After Pilot Attacked; Oil Holds Gains on Hormuz Recovery

Oil held recent gains as traders assessed the recovery in Middle East crude flows through the Strait of Hormuz. Shipments are nearing late-June highs, and President Donald Trump said flows through the strategic chokepoint have returned to historic levels. The normalization of transit could ease supply-disruption risk, though oil prices remain supported by the recent geopolitical backdrop.