Oil prices were sharply higher on Monday, recovering part of last week's losses from a six-week low, amid uncertainty over the outlook for a peace deal to end the war in Iran.Brent crude futures for August delivery jumped 3.3 percent to $94.15 a barrel while WTI crude futures for July delivery were up over 4 percent at $90.89.Investors reassessed expectations for a breakthrough in U.S.-Iran negoti...
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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.