Oil prices rose on Tuesday and stocks were mixed as investor optimism over an imminent US–Iran peace deal was tempered by new US strikes in the Middle East.

Oil prices saw a volatile week as hopes for a U.S.-Iran peace deal, which would normalize shipping through the Strait of Hormuz, fluctuated. Despite some positive signals from…

Gulf stock markets rally on US-Iran peace deal expectations as oil prices drop sharply and Bitcoin climbs toward $83K, reflecting shifting geopolitical risk.

Oil prices have dropped significantly as markets react to potential peace talks between the United States and Iran. Asian stock markets saw early gains on Monday. President Donald…