May 22, 2026 9:15 AM
Global stocks rise, dollar at six-week high as focus remains on US-Iran talks
Asian stocks rose on Friday while the U.S. dollar sat near six- week highs and oil prices were whipsawed as investors held on to hopes of a breakthrough in U.S.-Iran peace talks although both sides remained at odds over key issues. The worry for investors remains the near closure of the Strait of Hormuz, a critical artery for the world's energy supplies, that has sent oil prices soaring and rewired the global interest rate outlook because of inflationary concerns. U.S. Secretary of State Marco...


