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Stocks shake off Iran jitters as AI pushes market up, even amid oil climbs and Hormuz crisis

The MSCI All-World index was up 0.13% to trade around record highs, as markets from Tokyo to Seoul traded at or near all-time peaks, underpinned by avid demand for anything AI-related.

Markets are closely watching the next moves in the U.S.-Iran conflict, as renewed tensions in the Strait of Hormuz continue to threaten global oil flows, inflation stability, and investor confidence.
IDF soldiers conducting counterterrorism operations against Hezbollah in southern Lebanon, published May 24, 2026.

Hezbollah likely pushing Iran to secure its inclusion in any ceasefire agreement with US - report

US Secretary of State Marco Rubio holds a press briefing in the James S. Brady Press Briefing Room at the White House in Washington, DC, US, May 5, 2026.

Pakistan foreign minister set to discuss Iran with Rubio in Washington

A man holds an Iranian flag near an anti-US billboard depicting US President Donald Trump and the Strait of Hormuz, in Tehran, Iran, May 2, 2026.

Iran will not back down from red lines in negotiations, Iranian security official says


Israel, Lebanon conclude third round of peace talks, two seriously wounded by Hezbollah drone

UAE denies Netanyahu's secret visit during Iran war • Activists clash in Jerusalem ahead of flag march • IDF strikes Hezbollah targets in Lebanon, kills Hamas terrorist in Gaza

Israel Ambassador to the US Yechiel Leiter, US Ambassador to Lebanon Michel Issa, Lebanon Ambassador to the US Nada Hamadeh Moawad, US President Donald Trump, US Secretary of State Marco Rubio, and US Vice President JD Vance in the Oval Office, April 23, 2026.

Netanyahu, Mossad met with UAE's President Mohammed bin Zayed during Iran war

UAE Foreign Ministry denies Netanyahu visit took place • South Korea weighs phased role in Hormuz mission • Hezbollah reportedly planning to occupy Beirut

Israeli soldiers seen inside southern Lebanon as seen from the Israeli side of the border, May 5, 2026.

Saudi Arabia launched secret attacks on Iran during Operation Epic Fury

The Saudi attacks, not previously reported, mark the first time that the kingdom is known to have directly carried out military action on Iranian soil and show it is becoming much bolder.

Smoke rises following an explosion in Tehran amid the war with Iran, March 7, 2026. Picture taken with a mobile phone.

Trump prioritizes Iran nuclear issue over economics, most Iranian launchers reportedly operational

South Korea weighs phased role in Hormuz mission • Hezbollah reportedly planning to occupy Beirut • Hamas preventing Gazan contractors from crossing Yellow Line to rebuild Rafah

U.S. President Donald Trump delivers remarks at a 'Rose Garden Club' dinner for National Police Week in the Rose Garden at the White House on May 11, 2026 in Washington, DC.

Trump's Iran war goals unclear, Americans believe, Reuters/Ipsos poll shows

The four-day poll revealed deep concerns about surging gasoline prices, and also suggested many voters are casting blame for their troubles on Trump's Republican allies.

President Donald Trump mimics firing a gun during a news conference in the White House briefing room about the war in Iran on Monday, April 6, 2026.

Trump debates restarting Project Freedom as US, Iran at impasse over peace deal

Trump calls latest Iranian proposal 'unacceptable,' • Trump vetoed Kurdish uprising despite comments • Three soldiers wounded after exploding drone strike in southern Lebanon

US President Donald Trump, joined by members of his administration and healthcare industry professionals, answers a reporters question during an event on maternal healthcare in the Oval Office of the White House on May 11, 2026 in Washington, DC.

Trump calls latest Iranian proposal to end war 'totally unacceptable'

The Iranian proposal stressed the need to end the war on all fronts and to lift sanctions on Tehran, Iran's semi-official Tasnim news agency reported, citing an informed source.

US President Donald Trump speaks to the media before boarding Air Force One for departure to Miami, Florida, at Palm Beach International Airport in West Palm Beach, Florida, US, May 2, 2026.

Bahrain arrests 41 individuals linked with Iran's IRGC terrorist activities in the Kingdom

The 41 individuals worked as the "core" of the terrorist organization in Bahrain and were accused of espionage with foreign entities and sympathy with blatant Iranian aggression."

FILE PHOTO: Smoke rises following a strike on the Bapco Oil Refinery, amid the U.S.-Israeli conflict with Iran, on Sitra Island Bahrain, March 9, 2026.

Iran war may have motivated would-be Trump assassin, US intelligence report finds

In court documents, prosecutors have alleged that Allen "disagreed" with Trump politically and "wanted to 'fight back' against government policies and decisions that he found morally objectionable."

US President Donald Trump gestures during an event at The Villages Charter School at The Villages, Florida, US, May 1, 2026.

Trump says US to begin escorting ships out of Persian Gulf through Strait of Hormuz

"This process, Project Freedom, will begin Monday morning, Middle East time," US President Donald Trump said in a statement published in Truth Social.

US President Donald Trump disembarks Air Force One upon his arrival at Ocala International Airport in Ocala, Florida, US, May 1, 2026.