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Iran deal hopes fade as US strikes temper risk appetite; Oil rebounds, stocks mixed

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Market news for May 26, 2026: Oil prices rose today and stocks wavered as investor optimism over an imminent US-Iran peace deal was tempered by new US strikes in the Middle East. Brent futures rose over 2 per cent to over $98 a barrel, while global stocks were mixed as inflation fears persisted.

Synopsis: Market Focus Daily is a closing bell roundup by The Business Times that looks at the day’s market movements and news from Singapore and the region.

Written by: Howie Lim (howielim@sph.com.sg)

Produced and edited by: Chai Pei Chieh & Claressa Monteiro

Produced by: BT Podcasts, The Business Times, SPH Media

Produced with AI text-to-speech capabilities

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