Trump's statement sent oil lower, while equities jumped. Still, the recovery on Tuesday suggests lingering skepticism over Trump signaling a de-escalation.

Trump's statement sent oil lower, while equities jumped. Still, the recovery on Tuesday suggests lingering skepticism over Trump signaling a de-escalation.

Stock markets had originally rebounded on Monday said Trump said he would hold off strikes on Iran.

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