---
title: "Global markets slide as US.-Iran peace hopes fade, inflation spikes"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286164905.md"
description: "Global markets are experiencing a downturn as hopes for a U.S.-Iran ceasefire fade, with Trump stating it is \"on life support\" after Iran rejected a proposal, causing oil prices to surge. Additionally, U.S. inflation reached a three-year high of 3.8% year-over-year in April, primarily due to rising energy costs. This has led to a decline in global equities as concerns grow over sustained inflation and tighter monetary policies."
datetime: "2026-05-12T22:21:18.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286164905.md)
  - [en](https://longbridge.com/en/news/286164905.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286164905.md)
---

# Global markets slide as US.-Iran peace hopes fade, inflation spikes

Ceasefire hopes dim: Trump said the Iran ceasefire was "on life support" after Tehran rejected a U.S. proposal, sending oil prices sharply higher. Inflation hits peak: U.S. CPI rose 3.8% year-over-year in April, the fastest pace in nearly three years, driven largely by soaring energy costs. Markets under strain: Global equities fell as energy shocks and rising yields raised fears of prolonged inflation and tighter monetary policy.

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