May 31, 2026
Oil prices jump, stocks retreat on US-Iran deadlock

LONDON, United Kingdom — Oil prices rallied and stock markets fell Tuesday as investors braced for further volatility after talks appeared to stall on ending the war in the Middle East and re-opening the Strait of Hormuz to tanker and cargo ship traffic.Iran’s chief negotiator said Tuesday that Washington must accept Tehran’s latest peace plan or face failure…
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