According to Reuters, investor sentiment improved after Trump signalled a preference for diplomacy over immediate military action against Iran. The development triggered a sharp decline in crude oil prices, with oil futures falling nearly 5.9% on expectations that tensions in the Middle East could ease and the Strait of Hormuz could remain open to global shipping.

(Bloomberg) -- US equity futures rose along with European stocks as oil plunged after President Donald Trump said fresh US-Iran talks would begin Monday, boosting optimism the two…

According to Reuters, investor sentiment improved after Trump signalled a preference for diplomacy over immediate military action against Iran. The development triggered a sharp…