Oil jumps, stock futures slip as US-Iran talks stall

Oil prices rose, the dollar inched higher and U.S. stock futures wobbled lower in early Asia trade on Monday after U.S.-Iran peace talks stalled over the weekend, leaving Gulf shipping blocked.
Benchmark Brent crude futures rose more than 2% to touch a three-week high of $107.97 a barrel.
S&P 500 futures eased by a modest 0.3%, after U.S. stocks notched a record closing high at the end of last week.
The dollar was higher on major currencies, although not by much, leaving the euro down 0.15% to $1.1706 and the yen marginally weaker at 159.53 per dollar.
Although a ceasefire has paused full-scale fighting in a war begun by U.S.-Israeli strikes on Iran two months ago, no agreement has been reached on terms to open the Strait of Hormuz which has been all but closed, sending energy prices soaring.