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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


Trump: Iran ‘begging’ for deal as pressure mounts on Tehran

In a post on Truth Social, Trump described the Iranian delegation as “very different and ‘strange,’” and asserted that Tehran has been “militarily obliterated” with “zero chance of a comeback.”

US President Donald Trump returns to the White House, after Israel and the U.S. launched strikes on Iran, in Washington, DC, US, March 1, 2026.

Iran rejects US proposal to end war, calls it 'excessive,' official tells Iranian state TV

The statements come as the US pushes to a diplomatic end to the hostilities with Tehran after almost four weeks of fighting.

FILE PHOTO: People attend a gathering to support Iran's Armed Forces, after US President Donald Trump announced a ceasefire between Israel and Iran, in Tehran, Iran, June 24, 2025.

US to continue Iran strikes, five-day pause applies only to energy sites

Earlier on Monday, Trump had postponed for five days a plan to hit Iran's power plants and energy infrastructure. Iran later denied that it had engaged in negotiations with the United States.

The world's largest aircraft carrier USS Gerald R. Ford arrives at Souda Bay naval base after having been part of Middle East war operations, on the island of Crete on March 23, 2026.

'If we stay longer, they’ll never rebuild': Trump confirms US will stay in fight against Iran

“If we left right now, it would take them at least 10 years to rebuild, but rebuild they will,” Trump said in the roughly 15-minute call with CNBC.

US President Donald Trump speaks to reporters aboard Air Force One on a flight back to Washington March 15, 2026.

Iran war fuels Democratic primary clashes ahead of 2028 fight

These primary battles highlight a broader struggle inside the party over its future as it tries to rebuild after election losses in 2024 and starts to consider potential candidates for 2028.

Demonstrators take part in an anti-war with Iran protest rally and march, following strikes by Israel and the U.S. on Iran, in Washington D.C., U.S., February 28, 2026.

IDF strikes 200 Iranian targets over past day after killing Iranian intelligence chief

IDF targets Hezbollah terror targets • IDF kills several Iranian soldiers at military site in western Iran • Israel will ‘soon’ pay price for killing Larijani, Mojtaba Khamenei says

An IDF soldier and her dog take refuge in a bomb shelter in Israel. March 18, 2026.

NATO deploys Patriot missile defenses to Turkey as Iranian attacks continue against Middle East

Turkey, which has NATO's second-largest army and neigbhbours Iran, said last week the alliance had deployed a Patriot system to its southeastern Malatya province, near a NATO radar base.

Smoke rises after an explosion at the US Embassy compound in Baghdad, Iraq, following a rocket and drone attack, according to security sources, March 17, 2026.

US strikes Iranian missile site in Strait of Hormuz using 5,000-pound deep penetrator munitions

"Hours ago, U.S. forces successfully employed multiple 5,000-pound deep penetrator munitions on hardened Iranian missile sites along Iran’s coastline near the Strait of Hormuz," CENTCOM informed.

 A map showing the Strait of Hormuz and Iran is seen in this illustration taken June 22, 2025.

Iran keeps oil flowing to China despite operations, maintaining regime cash flow, experts say

"The Iranians are managing to bring in money almost as usual," he said, arguing that the actual rise in energy markets is due to speculations and not an actual shortage.

 A map showing the Strait of Hormuz and Iran is seen behind a 3D printed oil pipeline in this illustration taken June 22, 2025

Strait of Hormuz open to everyone but US, Israel, Iranian FM Araghchi says

Other ships are free to pass, although many prefer not to due to “security concerns,” which Araghchi claimed have nothing to do with Iran.

Iran's Foreign Minister Abbas Araghchi on the day he addresses a special session of the Conference on Disarmament at the United Nations, aside of US-Iran talks in Geneva, Switzerland, February 17, 2026.