Market faces some late oil-driven volatility
[출처/시간] Briefing.com - 3:25 PM ET, 05/21/2026 [BRIEFING.COM] The major averages are moving off their session highs following more oil-driven volatility, though they remain in modestly positive territory.The pullback follows a post from Al Arabiya on X that said, "High-level source for Al Arabiya: The Pakistani Army Chief will not head to Tehran tonight". Earlier reports that the Army Chief was heading to Tehran fueled speculation of a mediated
[출처/시간] Briefing.com - 3:25 PM ET, 05/21/2026
[BRIEFING.COM] The major averages are moving off their session highs following more oil-driven volatility, though they remain in modestly positive territory.The pullback follows a post from Al Arabiya on X that said, "High-level source for Al Arabiya: The Pakistani Army Chief will not head to Tehran tonight". Earlier reports that the Army Chief was heading to Tehran fueled speculation of a mediated ceasefire between the U.S. and Iran.Crude oil futures settled today's session $1.91 lower (-2.0%) at $96.28 per barrel, but crude has since moved higher, currently down $0.64 (-0.7%) to $97.62 per barrel.
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