Equity Tips:- Oil Prices Climb After Netanyahu Announcement; Stocks Fall

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Oil prices rose on Monday after Israel Prime Minister Benjamin Netanyahu said Iran had lied about pursuing nuclear weapons after signing a 2015 deal with global powers, while U.S. stocks fell with declines in health-care shares. 

 

Netanyahu said Iran had continued to preserve and expand its nuclear weapons knowledge after the deal.

 

U.S. President Donald Trump has until May 12 to decide whether to restore sanctions on Iran that were lifted after the 2015 agreement over its nuclear programme.

 

Prices of the Brent June contract, which expires Monday, gained 53 cents to settle at $75.17 a barrel. Prices for the more actively traded Brent July contact gained 90 cents to settle at $74.69.

 

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