Indian shares are seen opening flat to slightly higher on Monday, though volatility cannot be ruled out as the ongoing U.S.-Iran war enters its third week.
Brent crude prices remain elevated above $100 a barrel despite the Trump administration announcing plans to reveal a new coalition to escort ships through the Strait of Hormuz.
U.S. President Donald Trump warned NATO's future is at risk if the allies don't assist in opening the ley oil shipping route amid rising oil prices.
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May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.