Oil prices fell Wednesday while stock markets diverged over conflicting headlines on talks between Iran and the US to reopen the Strait of Hormuz to Gulf crude shipments.

US stock futures rose as hopes for an Iran war deal boosted risk appetite, though oil prices and the dollar slipped. While President Trump indicated progress on a peace deal to…

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…