Asian stocks were mostly higher on Friday and oil prices edged lower on hopes that the United States and Iran are close to reaching the first part of a peace settlement. U.S.
Oil prices rose more than 4% on Monday after U.S. President Donald Trump denounced Iran’s conditions for ending the war as “completely unacceptable.” Tehran has demanded the release of its frozen assets
Clashes between U.S. and Iranian forces in the Gulf on Friday dampened optimism about a negotiated peace, but President Donald Trump insisted an uneasy truce remained in place as both sides assessed
There is speculation that the United States will hold further talks with Iran on ending the war in the Middle East despite President Donald Trump’s blockade of Iranian ports. Trump’s move on