{"id":4138,"date":"2026-05-26T13:32:25","date_gmt":"2026-05-26T13:32:25","guid":{"rendered":"https:\/\/sandiegorelocationnews.com\/index.php\/2026\/05\/26\/oil-rises-stocks-mixed-as-new-us-strikes-dampen-iran-peace-deal-optimism\/"},"modified":"2026-05-26T13:32:25","modified_gmt":"2026-05-26T13:32:25","slug":"oil-rises-stocks-mixed-as-new-us-strikes-dampen-iran-peace-deal-optimism","status":"publish","type":"post","link":"https:\/\/sandiegorelocationnews.com\/index.php\/2026\/05\/26\/oil-rises-stocks-mixed-as-new-us-strikes-dampen-iran-peace-deal-optimism\/","title":{"rendered":"Oil rises, stocks mixed as new US strikes dampen Iran peace deal optimism"},"content":{"rendered":"<article><!-- --><!-- --><!-- WPS-5038 -- removed the script from WPS and added the placeholder for trinity player --><!-- --><!-- --><!-- --><!-- --><!-- --><!-- --><!-- --><!-- CONTENT --><!--[--><!--[--><\/p>\n<p>SINGAPORE &#8211; Oil prices rose on Tuesday and stocks were mixed as investor optimism over an imminent U.S.-Iran peace deal was tempered by new U.S. strikes in the Middle East.<\/p>\n<p>Read more <a href=\"https:\/\/sandiegorelocationnews.com\/index.php\/2026\/05\/26\/us-and-armenia-sign-strategic-partnership-agreement-ahead-of-armenian-elections\/\">US and Armenia sign strategic partnership agreement ahead of Armenian elections<\/a><\/p>\n<p><!-- --><!--]--><!--[--><\/p>\n<p>Iran\u2019s top negotiator and its foreign minister were in Doha for talks with Qatar\u2019s prime minister on a potential deal with the U.S. to end the war, an official briefed on the visit said, after Washington and Tehran played down hopes for an imminent breakthrough.<\/p>\n<p><!-- --><!--]--><!--[--><\/p>\n<p>The Nikkei newspaper separately reported that both parties were discussing a plan to open the Strait of Hormuz about 30 days after reaching a deal to end hostilities.<\/p>\n<p><!--]--><!--[--><\/p>\n<p>But even as the talks proceeded, U.S. forces conducted strikes on Monday in southern Iran against targets, including boats attempting to lay mines and missile launch sites, in what they described as defensive actions.<\/p>\n<p><!-- --><!--]--><!--[--><\/p>\n<p>The developments sent Brent futures rising more than 1% in early Asian trade to $97.32 a barrel. U.S. West Texas Intermediate crude was up slightly from Monday\u2019s last traded price but down 5.5% from Friday\u2019s close. There was no settlement on Monday due to the U.S. Memorial Day holiday.<\/p>\n<p><!--]--><!--[--><\/p>\n<p>\u201cI\u2019m a bit skeptical &#8230;. We keep being told there\u2019s a deal that\u2019s near, but what does the deal look like? That\u2019s what\u2019s really important. When\u2019s the Strait of Hormuz going to open&#8230; There\u2019s a lot we don\u2019t know,\u201d said Joseph Capurso, a strategist at Commonwealth Bank of Australia.<\/p>\n<p><!-- --><!--]--><!--[--><\/p>\n<p>Stock markets were mixed, with MSCI\u2019s broadest index of Asia-Pacific shares outside Japan advancing 0.8%, while Japan\u2019s Nikkei shed 0.2%.<\/p>\n<p><!-- --><!--]--><!--[--><\/p>\n<p>Nasdaq futures trimmed earlier gains to trade 0.9% higher, while S&amp;P 500 futures rose 0.68%.<\/p>\n<p>Read more <a href=\"https:\/\/sandiegorelocationnews.com\/index.php\/2026\/05\/26\/independent-repair-shops-might-be-in-trouble\/\">Independent Repair Shops Might Be In Trouble<\/a><\/p>\n<p><!--]--><!--[--><\/p>\n<p>EUROSTOXX 50 futures eased 0.36%, while FTSE futures added 0.4% and DAX futures lost 0.43%.<\/p>\n<p><!-- --><!--]--><!--[--><\/p>\n<p>\u201cThe market wants to believe that it\u2019s all going to end soon, because the war not ending is quite bad for the world economy. The world economy\u2019s had these buffers of running down inventories, but you can\u2019t keep running down inventories,\u201d said Capurso.<\/p>\n<p><!-- --><!--]--><!--[--><\/p>\n<h3>Dollar steadies<\/h3>\n<p><!-- --><!--]--><!--[--><\/p>\n<p>In currencies, the dollar steadied on Tuesday on renewed safe-haven demand, though it remained some distance away from a six-week peak hit last week.<\/p>\n<p><!--]--><!--[--><\/p>\n<p>The euro fell 0.06% to $1.1636, while sterling eased to $1.3498.<\/p>\n<p><!-- --><!--]--><!--[--><\/p>\n<p>Against the yen, the dollar was flat at 158.95.<\/p>\n<p><!-- --><!--]--><!--[--><\/p>\n<p>Bonds were largely steady after a rout last week on worries that higher energy prices for longer would stoke a resurgence in inflation and prompt rate hikes across both developed and emerging markets.<\/p>\n<p><!-- --><!--]--><!--[--><\/p>\n<p>The yield on the two-year U.S. Treasury note was last little changed at 4.0612%, while the 10-year yield fell to 4.5024%.<\/p>\n<p><!--]--><!--[--><\/p>\n<p>\u201cWe are likely to see periodic yield retracements on occasions when geopolitical risks subside, but inflation and fiscal risks are likely to be more sustained,\u201d said Eric Robertsen, Standard Chartered\u2019s head of global research and chief strategist.<\/p>\n<p><!-- --><!--]--><!--[--><\/p>\n<p>\u201cCommodity supply dislocations will take months to resolve, and fiscal support measures are likely to drive a sustained deterioration in sovereign balance sheets &#8211; which will also require increased borrowing in an environment of higher funding costs.\u201d<\/p>\n<p>Read more <a href=\"https:\/\/sandiegorelocationnews.com\/index.php\/2026\/05\/26\/developer-pacs-outspend-residents-in-folsom-elections-a-proposal-eyes-balance\/\">Developer PACs outspend residents in Folsom elections. A proposal eyes balance<\/a><\/p>\n<p><!-- --><!--]--><!--[--><\/p>\n<p>Elsewhere, spot gold was down 0.5% at $4,545.90 an ounce.\u00a0<\/p>\n<p><!--]--><!--[--><\/p>\n<p><i> Copyright Reuters or USA Today Network via Reuters Connect.<\/i><\/p>\n<p><!-- --><!--]--><!--]--><!-- --><\/p>\n<p>This story was originally published <span>May 25, 2026 at 6:15 PM<span>.<\/span><\/span><!-- --><\/p>\n<p><!-- --><!-- --><!-- --><\/article>\n","protected":false},"excerpt":{"rendered":"<p>SINGAPORE &#8211; Oil prices rose on Tuesday and stocks were mixed as investor optimism over an imminent U.S.-Iran peace deal was tempered by new U.S. strikes in the Middle East.<\/p>\n","protected":false},"author":1,"featured_media":4137,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[31],"tags":[],"class_list":["post-4138","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-national"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - 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