From The Hindu BusinessLine
Center-Right Owned by The Hindu Group (Kasturi & Sons)Asian stocks fall after US losses, oil holds drop: Markets Wrap
What's behind this
President Donald Trump said oil prices are falling sharply, dropping almost $10 a barrel, which he linked to expectations that a war with Iran is unlikely. He added that Iran wants a settlement and that a deal could happen after indirect talks, noting Tehran’s offer to reopen the Strait of Hormuz under strict conditions. Trump made these comments ahead of the US midterm polls.
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right · 2 outlets
Asian markets traded lower, while the US stock market ended mixed overnight, with tech stock leading the losses. However, sentiment may improve after a sharp plunge in crude oil prices.
— NDTV
RSS excerpt
Brent crude slipped 0.2% to $104.61 a barrel after slumping 7.6% on Monday with the US and Iran signaling a willingness to pursue peace talks
