As investors watched possible US-Iran talks, one analyst said markets were showing "relief that tensions haven’t escalated".

Asian stocks are mostly lower and oil prices have jumped after U.S. President Donald Trump warned Iran that the “clock is ticking” as talks over a permanent end to the war stall.

Oil prices swung after a scare overnight where prices popped and then moderated, and the yo-yo moves kept stock markets worldwide unsettled.

Oil prices have fallen and Asian stock markets have risen. President Donald Trump has paused military strikes, sparking hopes for a deal to end the conflict. This development…

Brent futures for July delivery fell $1.98, or 1.8 percent, to $110.12 a barrel