Iran war "re-escalation risks" hike oil prices after latest Trump threat

World shares mostly retreated and oil prices jumped Monday after President Trump warned Tehran the "clock is ticking" for a peace deal. U.S. futures fell and markets in Japan and South Korea pulled back from their records. In early European trading, Britain's FTSE 100 edged up 0.1% to 10,205.31. France's CAC 40 lost 0.9% to 7,883.42, and Germany's DAX dropped 0.1% to 23,925.82. During Asian trading, Tokyo's Nikkei 225 fell 1% to 60,815.95, a decline led by technology-related stocks. …