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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.

S&P 500 hit a record 7,365 and Dow surged 612 points as US-Iran deal hopes cooled oil prices and boosted chipmakers like AMD

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.

Brent hits $114 as Trump extends Iran port blockade, deepening Strait of Hormuz supply fears. Oil markets brace for more disruption.

Oil prices rise after US-Iran peace talks stall again. Brent crude climbs as markets monitor Strait of Hormuz risks and global energy supply pressure.

President Trump warns of major tariff on U.K. unless Britain drops its digital services tax on U.S. tech firms including Apple, Google, and Meta.

Tesla delivered a surprise to the upside in Q1 2026, beating both revenue and earnings estimates in a quarter where many had braced for worse. But the celebrations were short-lived. After hours,