Events Archive
strikeMay 8, 2026
Asian stocks fall and oil prices climb after attacks imperil the ceasefire with Iran
Summary
HONG KONG (AP) — Asian stocks retreated and oil prices rose on Friday as the fragile ceasefire with Iran was strained by missile and drone attacks that prompted U.S. retaliatory strikes on Iranian military facilities. U.S. futures rose despite the latest flaring in the conflict.
Source: CHAN HO-HIM, AP Business Writer — Read the full report
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Iran
Sources
- CHAN HO-HIM, AP Business WriterBy CHAN HO-HIM, AP Business Writer
HONG KONG (AP) — Asian stocks retreated and oil prices rose on Friday as the fragile ceasefire with Iran was strained by missile and drone attacks that prompted U.S. retaliatory strikes on Iranian military facilities. U.S. futures rose despite the latest flaring in th…
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