Energy Markets
Oil gains, stocks fall as Mideast ceasefire prospects dominate
Investors treaded carefully amid the rapid pace of Middle East developments, as Asian stocks fell in choppy trade. Oil prices rose. Iran said it would consider a U.S. offer to end the conflict. This month's widening conflict has shaken the global markets, sending oil prices skyrocketing, reigniting inflation fears, and upsetting global interest rate expectations. Investors are on edge due to the contradictory messages sent by both sides in regards to ceasefire talks. U.S. president Donald Trump said Iran is desperate to reach a deal, while Iranian foreign minister Abbas Araqchi claimed that there has been no dialogue with the...