Crude oil prices have soared on Tuesday, extending the gains from yesterday's session as signing of the U.S.-Iran Memorandum of Understanding to discuss ways to end the gulf crisis gets delayed. In addition, global energy watchdog warned of accelerating crude oil inventory depletion.WTI Crude Oil for July month delivery was last seen trading up by $1.57 (or 1.70%) at $93.73 per barrel.The U.S.-Ira...
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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.