Crude oil prices have skyrocketed on Monday following reports of the U.S. and Iran exchanging attacks while the U.S. is yet to endorse a negotiated settlement to end the war.WTI Crude Oil for July month delivery was last seen trading up by $4.64 (or 5.31%) at $92.00 per barrel.The U.S.-Israel versus Iran war which began on February 28 is in the fourth month and entered day number 94 today.Since th...
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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.