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Global Markets Update: Dollar Rises as Gulf Tensions Escalate
May 11, 2026
Posted 2 hours ago by
Global markets are reacting sharply after signs emerged that negotiations between the United States and Iran may have stalled, keeping the Strait of Hormuz disrupted and pushing oil prices higher. The crisis is now affecting currencies, stock markets, inflation and energy prices worldwide, with Asian economies especially vulnerable to prolonged disruptions in Gulf shipping routes.
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