Energy Markets
Oil prices fall on hope of Iran agreement, but yen rises after intervention
Oil prices fell and stocks wobbled Monday, as 'hopes for a Middle East peace deal grew. The yen also jumped after the U.S. confirmed a joint intervention by Japan and the U.S. to support the 'frail currency. Brent crude futures fell more than 4%, to $83,88, after U.S. president?Donald?Trump announced that talks with Iran would take place on Monday. He had previously called off an imminent strike on Iran in order to reach a settlement to reopen Strait of Hormuz, and to resolve the impasse regarding Tehran's nuke capabilities. S&P futures increased by 0.5%, while Nasdaq Futures gained 0.8%. European...