---
title: "Emerging Market Stocks and Currencies Decline Amid Oil Price Rise"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286514082.md"
description: "Emerging market stocks and currencies declined, with the MSCI Emerging Markets Index falling 2.2%, its largest drop in over six weeks, due to rising oil prices and cautious investor sentiment. Brent crude prices increased by over 1%, while concerns about inflation and unresolved conflicts in the Strait of Hormuz dampened risk appetite. A foreign exchange strategist noted that risk assets may continue to fluctuate, though pessimism remains moderate."
datetime: "2026-05-15T05:44:06.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286514082.md)
  - [en](https://longbridge.com/en/news/286514082.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286514082.md)
---

# Emerging Market Stocks and Currencies Decline Amid Oil Price Rise

Emerging market stocks and currencies fell after two consecutive days of gains, influenced by rising oil prices and cautious investor sentiment ahead of the weekend. According to Jin10, the MSCI Emerging Markets Index dropped 2.2%, marking its largest decline in over six weeks. This downturn was exacerbated by a cooling in the artificial intelligence stock rally and increased selling by overseas investors, leading to a sharp fall in South Korea's main stock index. Brent crude oil prices rose by more than 1%, and the critical Strait of Hormuz remains effectively closed, with little progress in ending Middle East conflicts. These factors have heightened concerns about rising inflation, dampening investors' risk appetite. Shaun Lim, a foreign exchange strategist at Malayan Banking Bhd, noted that risk assets might continue to fluctuate within a polarized range, although pessimism is not particularly strong. He also highlighted that the key issue of the Strait of Hormuz remains unresolved.

### Related Stocks

- [OIH.US](https://longbridge.com/en/quote/OIH.US.md)
- [SPEM.US](https://longbridge.com/en/quote/SPEM.US.md)
- [SCHE.US](https://longbridge.com/en/quote/SCHE.US.md)
- [USO.US](https://longbridge.com/en/quote/USO.US.md)
- [XOP.US](https://longbridge.com/en/quote/XOP.US.md)
- [IXC.US](https://longbridge.com/en/quote/IXC.US.md)
- [UCO.US](https://longbridge.com/en/quote/UCO.US.md)
- [IEMG.US](https://longbridge.com/en/quote/IEMG.US.md)
- [VWO.US](https://longbridge.com/en/quote/VWO.US.md)
- [EMXC.US](https://longbridge.com/en/quote/EMXC.US.md)
- [XES.US](https://longbridge.com/en/quote/XES.US.md)

## Related News & Research

- [Capital Economics sees oil at $150 per barrel through 2027 in an extreme case](https://longbridge.com/en/news/286549728.md)
- [Oil rises more than 1% after drone attack on UAE nuclear power plant](https://longbridge.com/en/news/286683769.md)
- [ANALYSIS-Bond yield spike is risk to unprepared equities market, investors warn](https://longbridge.com/en/news/286668628.md)
- [BUZZ-Fervo Energy surges 37% in electric New York debut](https://longbridge.com/en/news/286296665.md)
- [IEA chief Birol: commercial oil inventories depleting rapidly, only weeks left](https://longbridge.com/en/news/286746172.md)