ReferIndia News GLOBAL MARKETS-Stocks rise, dollar at six-week high as focus remains on US-Iran talks

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GLOBAL MARKETS-Stocks rise, dollar at six-week high as focus remains on US-Iran talks

Published on: May 22, 2026, 7:03 a.m. | Source: Devdiscourse

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 Rubio said there had been "some good signs" in talks to end the nearly three month old war in ‌the Middle East but differences remain over Tehran's uranium stockpile and controls over the waterway.

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