May 25, 2026
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Stocks Near Record High as Crude Oil Drops on Iran: Markets Wrap

Global stocks climbed to approach a record high as crude oil fell after officials signaled the US was nearing a deal with Iran to reopen the Strait of Hormuz and restore oil flows.

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ManyPress Editorial Team

ManyPress Editorial

May 24, 2026 · 10:07 PM1 min readSource: Bloomberg Markets
Stocks Near Record High as Crude Oil Drops on Iran: Markets Wrap

Global stocks climbed to approach a record high as crude oil fell after officials signaled the US was nearing a deal with Iran to reopen the Strait of Hormuz and restore oil flows.

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This article was independently rewritten by ManyPress editorial AI from reporting originally published by Bloomberg Markets.

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