LONDON, May 7 : Global stocks were mixed on Thursday while oil prices sank on optimism over a U.S.-Iran peace deal, even as the fate of the critical Strait of Hormuz appeared unresolved.MSCI's All-Country World Index rose 0.17 per cent to trade around record highs. Europe's STOXX 600 was 0.25 per cent lower,

LONDON, May 6 : Stocks leapt and oil prices dropped on Wednesday after a report said the White House believed it was closing in on a memorandum to end the war with Iran, while momentum in AI-driven trades accelerated.The report by news outlet Axios said the U.S. expected Iranian responses on several key point

May 6 : Stocks surged to fresh records and oil prices dropped on Wednesday after a report that the United States and Iran are closing in on an agreement to end their war, while momentum in AI-driven trades accelerated.Brent crude, the global benchmark, initially plunged to just below $100 per barrel, its lowe