Oil rises, stocks mostly higher on US-Iran deadlock

Donald Trump

US President Donald Trump called Tehran’s latest response to peace talks “TOTALLY UNACCEPTABLE.” NEW YORK: Global stock markets mostly rose Monday (May 11) while oil prices climbed after US President Donald Trump rejected Iran's terms for ending the war in the Middle East. Following a soft start, Wall Street's three main indices finished a meandering session modestly higher as traders continued to shrug off the war. "Basically the market has decided that geopolitics are just background noise

Tag-uri: Donald Trump

Oil rises, stocks mostly higher on US-Iran deadlock https://www.channelnewsasia.com/ - 12.05.2026 00:15

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Oil rises, stocks mostly higher on US-Iran deadlock https://www.channelnewsasia.com/ - 12.05.2026 00:15