NEW YORK/LONDON, Aug 12 : Global equities were higher on Wednesday after mild inflation data reinforced bets the Federal Reserve will hold interest rates steady, while oil prices dipped as investors balanced lower demand against a deadlock in U.S.-Iran talks.The United States and Yemen's Iran-aligned Houthis

(Bloomberg) -- Oil held onto gains as fading hopes for a deal to reopen the Strait of Hormuz revived inflation concerns before key US data this week.

NEW YORK: Oil prices bounced around before finishing higher Tuesday (Aug 11) while global stocks were mixed as markets awaited a key inflation report expected to influence…