Shares retreated in Asia and oil prices gained on Tuesday as diplomatic efforts to end the Iran war once again appeared to stall. Despite a tenuous ceasefire, the Strait of Hormuz remains effectively closed.

Shares were mixed in Asia and Tokyo’s Nikkei 225 index hit a fresh record Monday after U.S. stocks ended last week with new highs. The price of oil gained more than $1 as talks on ending the war with Iran hit more snags.

World shares have mostly gained and Tokyo hit a fresh record after U.S. stocks ended last week with new highs. The price of Brent crude oil jumped $2.50 a barrel

Asian shares showed mixed performance while Brent crude oil prices rose as negotiations over the Iran conflict faced setbacks, impacting global markets.

The U.S. stock market’s record-breaking rally slowed on Monday after uncertainty rose over the weekend about what will happen next in the Iran war, while oil prices rose. The S&P 500 inched 0.1% higher to its latest all-time high,

Trading on Wall Street was quietly mixed and oil prices crept up again as talks on ending the war with Iran remained inert.

The U.S. stock market’s record-breaking rally is stalling on Monday after uncertainty rose over the weekend about what will happen next in the Iran war, while oil prices rose. The S&P 500 was mostly unchanged,

The U.S. stock market’s record-breaking rally is slowing on Monday after uncertainty rose over the weekend about what will happen next in the Iran war, while oil prices rose. The S&P 500 edged up by 0.