Oil prices jumped while stock markets mostly retreated and the dollar firmed Thursday as hopes of a Middle East peace accord faded on conflicting headlines on the state of talks.

Oil prices briefly plunged after Iranian reports said that American officials had agreed to suspend sanctions against its crude amid peace talks. | World News

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…

Oil prices dipped as President Trump suggested a swift end to the Iran conflict, yet market jitters persist. Peace talks face uncertainty, with supply disruptions in the Middle…