*** Oil prices jump | THE DAILY TRIBUNE | KINGDOM OF BAHRAIN

Oil prices jump

TDT | Manama

Email: mail@newsofbahrain.com

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.