India, May 27 -- European stocks failed to hold early gains on Wednesday as the mood turned cautious around mid-afternoon and investors assessed news about U.S.-Iran peace efforts and stayed largely reluctant to make significant moves in the final hour.
Weak oil prices helped lift sentiment. Brent crude futures fell below $98 a barrel after reports emerged that some LNG tankers have passed through the Strait of Hormuz in recent days, helping ease supply concerns amid prolonged West Asia conflict.
For comments and feedback contact: editorial@rttnews.com
Published by HT Digital Content Services with permission from RTT News....