A stalemate between the US and Iran pushed oil prices higher, dragging stocks and bonds lower on concerns that elevated energy costs could fuel inflation and prompt further Federal Reserve rate hikes. [08:04 ET] Mediators expected to hold separate talks with the US and Iran on Monday or Tuesday, with Iran's Araghchi and Qatari mediators remaining in the US - Official briefed on the negotiations [USD & WTI weakened, Index futures strengthened] [03:55 ET] Japan's Top Currency Diplomat Mimura: Japa
A stalemate between the US and Iran pushed oil prices higher, dragging stocks and bonds lower on concerns that elevated energy costs could fuel inflation and prompt further Federal Reserve rate hikes. [08:04 ET] Mediators expected to hold separate talks with the US and Iran on Monday or Tuesday, with Iran's Araghchi an