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Global Market Today: Oil slips, Asian stocks rise on Iran optimism

Posted on May 19, 2026
By Business News Today
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1 min read

Global Market Today: Oil slips, Asian stocks rise on Iran optimism

Oil prices have fallen and Asian stock markets have risen. President Donald Trump has paused military strikes, sparking hopes for a deal to end the conflict. This development could reopen energy routes through the Strait of Hormuz. Investors are watching closely as negotiations are reportedly underway. Markets experienced volatility due to these events.