Oil prices fell near $90 a barrel as markets bet that a U.S.-Iran deal is likely to happen soon. United Airlines led airline stocks higher.

Oil prices fell and Asian stocks climbed on Monday over hopes a deal between the United States and Iran to open the Strait of Hormuz could be brokered.The price of North Sea Brent…

Washington and Tehran appear close to agreeing on ending the Middle East war that has effectively closed the Hormuz strait, driving up energy prices and stoking global inflation.