Asian shares turned hesitant as news of a fresh US military strike in Iran challenged investor optimism on a near-term peace deal.

Oil prices remained mixed on Tuesday as hopes of progress in US-Iran talks were offset by fresh US military strikes in Iran. While the US oil benchmark West Texas Intermediate…

Oil prices rebounded after U.S. strikes on Iranian targets near the Strait of Hormuz revived fears that the fragile path toward reopening the chokepoint could unravel.