Oil Shock, AI Earnings, and Middle East Tensions Drive Market Volatility Global financial markets faced renewed turbulence on May 18, 2026, as rising oil prices, Gulf drone attacks, inflation fears, and soaring
Global markets rallied on AI enthusiasm as Trump and Xi met in Beijing amid rising inflation, soaring oil prices, and growing geopolitical tensions in 2026.
Gold drops 1.2% as Iran peace talks stall and oil prices climb. Goldman Sachs delays Fed rate cut outlook to December 2026 as oil-driven inflation concerns mount.
Asia Markets, May 3, 2026 — South Korean stocks surged to a fresh record on Monday, extending their strongest monthly performance in April, as investors assessed a new U.S. military initiative aimed
Brent crude surged over 7% to $126 a barrel after reports that Trump will receive a briefing on military options against Iran, deepening fears over Strait of Hormuz supply disruptions.