Oil prices rise as Iran war drags on, but US stocks edge up to more records

Nikkei (Japan Economic Daily) online

asia.nikkei.com

NEW YORK (AP) -- Oil prices rose Monday as the war with Iran threatens to drag on for longer, but the U.S. stock market nevertheless inched toward more records.The price for a barrel of Brent crude oil climbed 2.9% to settle at $104.21 after President Donald Trump said the U.S.-Iran ceasefire was on