May 12, 2026 11:25 AM

Global Markets – AI rally pauses as Middle East ceasefire goes on ‘life support’

Oil crept higher and the dollar rose on Tuesday as hopes faded for a deal to get ships moving through the Strait of Hormuz, while a red-hot chip rally in chip stocks cooled and traders waited on U.S. inflation figures. U.S. President Donald Trump said the ceasefire with Iran was "on life support" after Tehran's response to a U.S. proposal to end the war made clear the two sides were still far apart. Brent crude futures were up 0.7% to $105 a barrel. S&P 500 futures dipped 0.2% and even the...

May 8, 2026 9:33 AM

Global Oil higher on Mideast hostilities; AI drives Asian stocks to sparkling weekly gains

Oil prices were higher on Friday and stocks a little bit lower as the U.S. and Iran exchanged fire in the Middle East, though many markets in Asia were still heading for stellar weekly gains as AI demand has swept up chipmakers. Benchmark Brent crude futures were up 1.3% at $101.60 a barrel and European stock futures fell 0.7%. The United States and Iran exchanged fire on Thursday in the most serious test yet of their month-long ceasefire, but Iran said the situation had returned to normal whi...

May 8, 2026 9:28 AM

Global Oil higher on Mideast hostilities; AI drives Asian stocks to sparkling weekly gains

Oil prices were higher on Friday and stocks a little bit lower as the U.S. and Iran exchanged fire in the Middle East, though many markets in Asia were still heading for stellar weekly gains as AI demand has swept up chipmakers. Benchmark Brent crude futures were up 1.3% at $101.60 a barrel and European stock futures fell 0.7%. The United States and Iran exchanged fire on Thursday in the most serious test yet of their month-long ceasefire, but Iran said the situation had returned to normal whi...

April 10, 2026 9:55 AM

Stocks shaky as Israeli attacks on Lebanon tests Iran ceasefire

Asian stocks ticked up early on Friday but gains were capped as traders questioned the durability of this week's U.S.-Iran ceasefire and remained wary of fragile hopes for Israel-Lebanon peace talks. Investors were nervous as Iran cited Israel's ongoing attacks on Lebanon as a key sticking point in its agreement with the U.S. MSCI's broadest index of Asia-Pacific shares outside Japan gained 0.5%, led by a 1.9% jump for South Korea's Kospi. Japan's Nikkei 225 tacked on 1.5%, while S&P 500 e...

April 9, 2026 11:15 AM

Asian stocks in sober mood as oil rises on Middle East truce doubts

Asian share markets were in a sober mood on Thursday as cracks quickly began to appear in the fragile Gulf truce, nudging oil prices back up and reminding investors the inflationary fallout would last a long time yet. Crucially, there was scant sign that the Strait of Hormuz was open in any meaningful way, with Iran flexing its control over the vital oil artery and demanding tolls for safe passage. President Donald Trump took to social media to declare U.S. forces would remain in the Gulf unti...

April 6, 2026 9:21 AM

Asia markets brace for Trump’s promised assault on Iranian infrastructure

Oil prices rose, bonds fell and stocks were mixed at the start of trading in Asia on Monday as U.S. President Donald Trump vowed "hell" if Tehran does not meet his deadline to reopen the Strait of Hormuz. Trump's repeated threats to destroy civilian infrastructure including power plants and bridges if the vital waterway is not open by Tuesday have put traders on edge for reciprocal attacks by Iran on targets in the Gulf states. With liquidity thin as many countries around the region observed h...

March 13, 2026 9:22 AM

Asian stocks slide as Iran war keeps oil near $100, dents rate-cut bets

Asian stocks slumped on Friday, poised for a second straight weekly decline as fast-dwindling hopes of a resolution to the U.S. and Israel's war with Iran kept oil prices aloft, casting a shadow over global markets and spurring inflation fears. The U.S. dollar has become the safe-haven of choice during the tumult, putting most other currencies under pressure. The dollar was set for a second consecutive week of gains and is up 2% since the war broke out at the end of February. Oil prices remain...

March 12, 2026 9:30 AM

Global shares skid, oil surges above $100 a barrel as Iran attacks Gulf shipping

Shares in Asia fell broadly on Thursday, as oil prices leapt 9% to above $100 a barrel on reports of more ships hit in Gulf waters and the closure of oil terminals - a jump that promises to fuel inflation and push borrowing costs higher worldwide. Investors took little comfort from the International Energy Agency's plan to release 400 million barrels of oil from its reserves, the largest such move in its history. As part of that, the U.S. said it would release 172 million barrels of oil from ne...

March 9, 2026 11:46 AM

Oil shoots higher, global shares skid as Middle East conflict drags on

 Share markets nosedived in Asia on Monday as the inflationary shock from surging oil prices threatened to raise living costs and perhaps interest rates across the globe, while an investor hunger for liquidity kept the U.S. dollar in demand. Brent soared 23% to $114.36 a barrel, the biggest daily gain since at least 1988, which came on top of a 28% rise last week. U.S. crude shot up a staggering 27% to $115.11, threatening to push petrol prices quickly skyward. Iran named Mojtaba Khame...

March 6, 2026 11:04 AM

Global stocks set for tough week, oil eyes big gains as Middle East war rages

Asia stocks fell on Friday and were headed for their sharpest weekly drop in six years while oil prices were poised for their biggest jump in four in a turbulent week for global markets as the conflict in the Middle East showed few signs of easing. Investors sought the safety of cash as they sobered up to the fact that the U.S.-Israel war on Iran could drag on longer than initially anticipated. They also moved to price in more hawkish rate expectations from major central banks, spooked by the ...