Oil prices jumped after the U.S. said it shot down four Iranian attack drones, casting doubt once again on the prospects for a peace deal.

© Jonas Roosens/Belga, via Agence France-Presse — Getty Images

Traders are weighing signals that a more lasting agreement may be within reach against recent flare-ups in hostilities.

© Jiji Press/Agence France-Presse

Intel, along with Taiwan and South Korea, are the latest winners, our columnist says. True diversification is hard to find.