Asia And Europe Were More Skeptical About Developments In The Strait Of Hormuz Than The U.S.
2026-05-19·via All Articles on Seeking Alpha
Summary
The US greeted the news late yesterday that the US would not bomb Iran, apparently as planned, as a constructive sign that would lead to a resolution of the conflict.
The G7 finance and central bankers' meeting concludes today.
The euro snapped a five-day slide yesterday after initially the losses were extended slightly through $1.1610.
July crude reached new contracts highs year during the Asia Pacific session yesterday, near $104.35.
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The US greeted the news late yesterday that the US would not bomb Iran, apparently as planned, as a constructive sign that would lead to a resolution of the conflict. Asia and Europe appear