India, Aug. 10 -- Oil prices are ticking higher on Monday, even though strikes have temporarily paused to ease conflict in the Middle East. President Trump is focusing on applying economic pressure on Iran to keep the Strait of Hormuz open.
Asian shares finished mostly up, while European shares are trading broadly higher.
In the Asian trading session, oil prices traded higher. Brent crude futures were up 1.1 percent at $84.51 a barrel
Gold prices held steady. Spot gold edged up by 0.1 percent to $4,347.76 an ounce.
Early signs from the U.S. Futures Index suggest that Wall Street might open broadly up.
As of 7.40 am ET, the Dow futures were losing 68.00 points, the S&P 500 futures were gaining 5.75 points and the Nasdaq 100 futures were...