Oil jumps on Iran fears; stocks rally halted

NEW YORK (Reuters) - Oil prices jumped more than $1 on Tuesday after Iran threatened to cut off a key oil shipping route through the Strait of Hormuz, while world stocks were little changed as a four-day Wall Street rally stalled. The euro was stuck near an 11-month low as investors feared thin market liquidity could complicate Italy's plans to raise 8.5 billion euros in capital markets later in the week, renewing pressure on the euro zone. Trading volumes were low in most markets as not all traders returned to their desks for the shortened week between the Christmas and New Year holidays. ...