Oil prices rose sharply on Tuesday after American forces hit missile launch sites in Iran and boats trying to place mines, denting hopes of an imminent peace deal. Elsewhere, Israel struck sites in southern Lebanon after Prime Minister Benjamin Netanyahu vowed further strikes.Defense forces across the Gulf are on high alert as Iran pressed ahead with waves of missile and drone attacks on the UAE, ...
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Market Analysis
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.