World stocks, oil rise

NEW YORK: Global stocks rose on Tuesday for a second straight session, even as the war in Iran continued to drive up oil prices and ahead of a flurry of policy anno­uncements from global central banks this week.US crude rose 2.28pc to $95.63 a barrel and Brent climbed 2.59pc to $102.81 per barrel, supported by Iranian attacks on the United Arab Emirates that kept supply fears intact while the Strait of Hormuz remains largely shut. Both contracts were off earlier gains of about 5pc, but remain up more than 4 ...