NEW YORK: Oil prices fell Wednesday (May 27) while global stocks mostly rose as markets parsed the latest posturing between Washington and Tehran over a peace accord. Hopes of an imminent deal to avoid further hostilities in the Mideast war and reopen the Strait of Hormuz pressured oil prices, which fell more than five per cent. Iran's Revolutionary Guards said that a return to war with the United States was unlikely , but warned the Islamic republic stood ready to respond to any attack. US

Tag-uri: Islam