Oil prices rise and markets fall after US seizure of ship hits Iran peace deal hopes | Oil
Oil prices have risen sharply and European stock markets have fallen, after the US seizure of an Iranian vessel hit hopes for a peace deal. Brent crude, the international benchmark for oil prices, rose by as much as 5% on Monday to $95.50 (£70.75) a barrel. European stock markets dropped, with the UK’s blue-chip FTSE…
