LONDON, United Kingdom — Oil prices rallied and stock markets fell Tuesday as investors braced for further volatility after talks appeared to stall on ending the war in the Middle East and re-opening the Strait of Hormuz to tanker and cargo ship traffic.Iran’s chief negotiator said Tuesday that Washington must accept Tehran’s latest peace plan or face failure…
https://www.manilatimes.net/2026/05/12/news/world/oil-prices-jump-stocks-retreat-on-us-iran-deadlock/2341872
