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Oil Prices Recede and Stocks Gain as Investors Eye Peace Talks
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Oil Prices Recede and Stocks Gain as Investors Eye Peace Talks

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Oil prices pulled back and stocks inched higher as investors looked to the possibility of a second round of peace talks between the United States and Iran.

Investors and analysts are focused on the continued disruption to shipping in the Strait of Hormuz, the narrow waterway between Iran and Oman that is a vital trading route for oil and natural gas that normally carries as much as one-fifth of the worl... [781 chars]

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Source: The New York Times

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