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European Stocks Plunge as U.S.-Iran Hormuz Clashes Shatter Peace Hopes — IAG Slumps on Fuel Cost Warning

Key Takeaways Broad-based decline: The Stoxx 600 slipped 0.77%, Germany’s DAX dropped 0.90%, France’s CAC 40 declined 0.73%, and the U.K.’s FTSE 100 fell 0.63%. Hormuz clashes erupt: U.S. Central Command said American destroyers came under Iranian missile, drone, and small-boat attacks Thursday, prompting retaliatory U.S. strikes on Bandar Abbas …

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Asian Stocks Tumble as U.S.-Iran Hormuz Clashes Shatter Peace Hopes — But Weekly Gains Hold

Key Takeaways Regional retreat: Asian markets fell broadly Friday, with Wall Street’s overnight slide setting a weak tone after U.S. forces intercepted attacks on three warships in Hormuz. Tech holds firm: S&P 500 futures rose 0.2% in Asian trade as AI optimism continued to support technology stocks. KOSPI stars despite …

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Gold Climbs Toward Weekly Win: Iran Peace Hopes and Hormuz Tensions Set Stage for Jobs Data Showdown

Key Takeaways Gold rises: Spot gold gained 0.8% to $4,723.52 per ounce, while U.S. gold futures climbed 0.5% to $4,731.96. Weekly winner: Bullion is on track for a near 2% weekly gain after rebounding from one-month lows earlier in May. Hormuz flare-up: U.S. and Iranian forces exchanged fire Thursday — …

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Oil Surges Over 2% as U.S.-Iran Forces Trade Fire Near Hormuz: Trump Calls Skirmish “Just a Love Tap”

Key Takeaways Crude jumps: Brent oil futures rose 2.1% to $103.37 per barrel, while WTI climbed 2.2% to $96.90 — bouncing back after Thursday’s 1% decline. Direct clash: Iran accused the U.S. of targeting an Iranian oil tanker and another vessel entering Hormuz, plus strikes on Qeshm Island and coastal …

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Bitcoin Pulls Back from Peaks: Saylor’s Sale Threat Cools Rally Even as Iran Peace Hopes Fuel Risk Assets

Key Takeaways Bitcoin retreats: The world’s largest crypto fell 0.7% to $80,951.3, dipping from three-month highs. April winning streak: Bitcoin surged nearly 12% in April on bargain buying and Iran de-escalation hopes. Strategy’s sale threat: Top corporate holder Strategy Inc said it may sell some Bitcoin to fund dividend payments. …

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European Stocks Pause After Wednesday’s Iran Peace Surge: Shell Sinks on Buyback Cut While Arm Soars 13%

Key Takeaways Modest pullback: The Stoxx 600 dipped 0.2%, Germany’s DAX fell 0.2%, and the U.K.’s FTSE 100 slipped 0.7%, while France’s CAC 40 held mostly flat. Talks restarting in Pakistan: Washington and Tehran are reportedly working with mediators on a one-page framework, with discussions set to kick off next …

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Gold Powers Higher for Third Day: Iran Peace Hopes Crush Inflation Fears as Bullion Eyes Major Rally

Key Takeaways Gold extends rally: Spot gold rose 1% to $4,736.61 per ounce, while U.S. gold futures for June climbed 1.1% to $4,746.86 — building on Wednesday’s 3%+ surge. Biggest daily jump since March: Wednesday’s surge marked the largest single-day gain in over a month. Iran deal driving the rally: …

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Iran Deal D-Day: Tehran Set to Deliver Verdict as Saudi Backlash Forced Trump to Abandon Hormuz Push

Key Takeaways Thursday deadline: Iran is expected to deliver its response to the U.S. peace proposal to mediators by Thursday, per CNN citing a regional source. One-page deal: Reports indicate Washington and Tehran are closing in on a memorandum to end the war and frame nuclear talks. Pakistan progress: Both …

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Oil Steadies After 7% Plunge: Iran Deal Countdown Meets Smaller-Than-Expected U.S. Inventory Drop

Key Takeaways Mild rebound: Brent crude rose 0.3% to $101.55 per barrel, while WTI also gained 0.3% to $95.37 — both stabilizing after Wednesday’s brutal selloff. Massive Wednesday slide: Both contracts crashed more than 7% in the previous session on peace deal hopes. One-page deal nears: Axios reported the White …

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