US-Iran hostility sees oil prices rise and shares fall

Oil prices rose and share prices dropped on Thursday as the bad blood between Iran and the US was aired at the UN General Assembly.

Brent crude prices moved back to above $100 a barrel as American and Iranian leaders exchanged barbs at the United Nations in New York.

On Wednesday US President Donald Trump welcomed his Chinese counterpart Xi Jinping to Washington for a three-day visit that is likely to impact the war on Iran.