GLOBAL MARKETS-Share Futures Ease, Dollar Gains as Gulf Talks Teeter

GLOBAL MARKET - SYDNEY. Share futures slipped and the dollar climbed in Asia on Monday on signs that talks between the United States and Iran were deadlocked, leaving the vital Strait of Hormuz all but shut and sending oil prices higher.

President Donald Trump on Sunday rejected Iran's response to a U.S. proposal for peace talks to end the war, saying Tehran's demands were "totally unacceptable."