Articles tagged with "global markets"

2 articles found

Oil falls, Asian stocks climb on hopes of US-Iran Hormuz deal

The United States and Iran appear closer than ever to a deal that would end the war that has ravaged the Middle East since late February, sending energy prices soaring and stoking global inflation.

May 28, 2026

Pedestrians walk past an electronic quotation board displaying the Nikkei Stock Average on the Tokyo Stock Exchange along a street in Tokyo on May 18, 2026. (Photo by Kazuhiro NOGI / AFP) Related content

Asian stocks sink, oil rises on US-Iran deadlock

Asian markets fell as Middle East tensions pushed oil prices higher, with Strait of Hormuz disruption fears, weak China data, and upcoming US tech earnings weighing on sentiment.

May 18, 2026