Trump says U.S. and Iran to hold fresh talks in Qatar on Tuesday following weekend clashes

The U.S. and Iran are poised to hold fresh talks on Tuesday in Qatar's capital, President Donald Trump said via social media on Monday.
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Why it mattersOil was mixed on Monday after renewed military strikes between the U.S. and Iran reignited concerns over crude supplies from the Middle East.

Why it mattersThe U.S. and Iran agreed to pause hostilities and allow commercial vessels to move freely through the Strait of Hormuz, easing fears of a prolonged disruption to global oil supplies after a weekend of military exchanges.

Why it mattersOil edged higher on Monday after renewed military strikes between the U.S. and Iran reignited concerns over crude supplies from the Middle East.