Energy Markets
MORNING BID EUROPE-Peace talks hit turbulence
Rae Wee gives us a look at what the future holds for European and global markets. Oil prices climbed Tuesday after U.S. forces conducted what they called defensive'strikes' in southern Iran, just as investors were becoming more hopeful about a peace agreement?between the two nations. The strikes occurred as Iran's chief negotiator, its foreign minister and the Qatari prime minister met in Doha for talks on Monday about a possible deal with the U.S. that would end the war of three months. Washington and Tehran played down the hopes of an imminent breakthrough. This kept the optimism down, as the...