Oil continues climb with doubts about potential US-Iran deal; stocks retreat
By Chris Prentice and Amanda Cooper NEW YORK/LONDON, Aug 11 (Reuters) - Oil prices gained and global shares retreated on Tuesday as traders assessed talks over reopening the Strait of Hormuz. Uncertainty over the global inflation outlook also weighed. Gold prices retreated from a two-month peak ahead of consumer price data due on Wednesday.
By Chris Prentice and Amanda Cooper NEW YORK/LONDON, Aug 11 (Reuters) - Oil prices gained and global shares retreated on Tuesday as traders assessed talks over reopening the Strait of Hormuz. Uncertainty over the global inflation outlook also weighed. Gold prices retreated from a two-month peak ahead of consumer price data due on Wednesday.
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