Oil rises, stocks waver as new US strikes dampen peace deal hopes
Developments sent Brent futures rising more than 2% in Asian trade to $98.21 a barrel A pumpjack, used to help lift oil from a well, in the Permian basin near Midland, Texas, U.S., October 8, 2025 PHOTO: REUTERS Oil prices rose on Tuesday and stocks dithered as investor optimism over an imminent US-Iran peace deal…