Oil surges as Iran ceasefire hangs in the balance, but Asian markets defy the gloom

Oil prices jumped and US stock futures fell on Monday as mounting tensions over a seized Iranian cargo ship cast fresh doubt on the Middle East ceasefire, though Asian equity markets largely shrugged off the risks, with Taiwan’s shares touching a record high. Brent crude futures rose around 6% to $95.36 a barrel, while S&P […]

By Newsroom