Trump pauses Iran strike as markets weigh oil, risk

MSN
2026.05.19 20:49
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Trump has paused a planned strike on Iran at the request of Saudi Arabia, Qatar, and the UAE for more diplomatic time. Oil prices have eased but remain above $100 a barrel, with energy stocks rising and tech shares falling. Ongoing risks include the potential closure of the Strait of Hormuz and stalled U.S.-Iran negotiations, maintaining supply fears and geopolitical tensions.