geopolitics

What Hormuz unleashed.

Oil edged higher as the US and Iran remained at odds over how to reopen the Strait of Hormuz, with the war entering its fourth month.

Asian stocks were set to edge lower, while oil gained as investors weighed conflicting signals over prospects for a deal to end the war in Iran and restore energy flows through the crucial Strait of Hormuz.

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Gold fell for a second day as concerns that continued conflict in the Middle East will prolong inflation and keep borrowing costs elevated outweighed prospects of a US-Iran peace deal.

Industrial metals declined as investors remained concerned about global economic growth due to mixed signals about prospects for a US-Iran deal to end the war.

On May 18, Atlantic Council vice president and Scowcroft Center senior director Matthew Kroenig was quoted in the Christian Science Monitor on how Rubio entered Trump's inner circle. The post Kroenig quoted in the Christian Science Monitor on Iran appeared first on Atlantic Council.

US stocks ended Wednesday’s session roughly where they started, as investors took profits in tech names but remained optimistic that an end to the war in the Middle East was near, even as President Donald Trump panned earlier reports of a deal.