Oil pares gain with market swinging on US-Iran peace prospects (opens in new tab)

(Bloomberg) -- Oil swung between gains and losses as traders assessed the outlook for a peace deal to end the Iran war.Most Read from BloombergTrump’s 3,711 Trades Point to Multiple Stock-Market StrategiesBungie Plans Layoffs After Ending ‘Destiny 2’ DevelopmentTrump to Force Foreigners Seeking Green Cards to Go Home FirstUAE Joins Saudis, Qatar in Urging Trump Not to Restart WarIran, US Signal Progress in Peace Talks as Issues UnresolvedWest Texas Intermediate rose 0.3% to settle below $97 a ba