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Dow Jones gains on US-Iran talk prospects
The Dow Jones Industrial Average rose by 0.4%, approximately 261 points, amid growing hopes of resuming talks between the United States and Iran, along with reports that Pakistan is studying a China-led peace initiative, despite obstacles to reaching an agreement. On the other hand, oil prices declined, with Brent contracts falling to around $95 per barrel and U.S. contracts dipping below $89, after previously exceeding $100. This comes amid expectations of a forthcoming decision by U.S. President Donald Trump regarding a potential wide-scale attack on Iran. Additionally, markets remain influenced by tensions in the Middle East and ongoing U.S. military operations targeting Iranian objectives.
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