Investors are piling back into shares after US president announces ‘very good and productive’ conversations with Iran, sending oil price down

Stocks slump in Asia and Europe, gold slides and investors brace for higher oil prices after US president’s threat

Investors are piling back into shares after US president announces ‘very good and productive’ conversations with Iran, sending oil price down

Market data shows the amount of oil trade rose before the US President said he would postpone attacks on Iran's power plants.

The US president said talks to end the war are underway with Iran - a claim that officials in Tehran have disputed.

Markets in Asia and Europe move higher, while crude hovers at about $100 a barrel amid cautious optimism