Oil prices jump

London, United Kingdom Oil prices jumped and equity markets diverged Monday as Middle East peace talks stalled and investors continued to pour into AI-linked stocks. Crude futures won more than 3% after the United States and Iran traded

Editorial Team Legacy

Published 2 June 2026, 8:00 · Updated 18:11

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TDT | Manama

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London, United Kingdom Oil prices jumped and equity markets diverged Monday as Middle East peace talks stalled and investors continued to pour into AI-linked stocks.

Crude futures won more than 3% after the United States and Iran traded strikes and Tehran again insisted that any deal must cover Israel's escalating offensive into Lebanon.

European stock markets traded mixed after gains for main equity indices in Asia. The dollar firmed against main rivals as focus fixed on the US-Iran conflict.

Oil prices jump

Editorial Team Legacy

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