Asian stocks today: Markets rise on hopes of US-Iran breakthrough; oil, inflation worries persist

Asian markets traded higher on Friday as investor sentiment improved on hopes of progress in US-Iran peace talks, although rising oil prices and continued uncertainty over the Strait of Hormuz kept inflation concerns in focus.

May 22, 2026 - 06:00
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Asian stocks today: Markets rise on hopes of US-Iran breakthrough; oil, inflation worries persist
Asian markets traded higher on Friday as investor sentiment improved on hopes of progress in US-Iran peace talks, although rising oil prices and continued uncertainty over the Strait of Hormuz kept inflation concerns in focus.

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