trump, iran, strait of hormuz, US, crude, brent

Oil/Chemical Tanker “Bald Man” at the Port of Fujairah, as the U.S.-Israel conflict with Iran limits marine traffic in the Strait of Hormuz, in Fujairah, United Arab Emirates, May 6, 2026. Amr Alfiky | Reuters Oil prices rose Thursday in volatile trading as investors continue to assess the latest developments in the Middle East amid…

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Nikkei 225, Hang Seng Index, Kospi

Kazuhiro Nogi | AFP | Getty Images Japan and South Korea stocks hit record highs Thursday, trailing overnight gains on Wall Street after President Donald Trump‘s extended a ceasefire with Iran, boosting investor sentiment alongside strong corporate earnings. Trump extended a two-week U.S. ceasefire on Tuesday, saying it was warranted due to Tehran’s “seriously fractured” government….

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