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strikeMay 5, 2026
Shares slide, oil prices up as US-Iran truce hopes dim
Summary
Stocks in Asia have slid while oil prices eased but remain well above $100 a barrel, as the US and Iran continue to work towards a truce while at the same time trading blows over the Strait of Hormuz.
Actors involved
USIran
Sources
- Rae Wee Reuters PremiumBy Rae Wee Reuters Premium
Stocks in Asia have slid while oil prices eased but remain well above $100 a barrel, as the US and Iran continue to work towards a truce while at the same time trading blows over the Strait of Hormuz. Traders also had their eyes on the yen after the Japanese currency briefly jump…
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