Global News Briefing

Key points

Middle East & Markets

U.S. strikes on Iran shake sentiment, oil remains volatile

Asian and European markets are reacting to new U.S. “self-defence” strikes on Iran, which have cooled hopes for a near-term peace deal and are adding to swings in oil prices.

Global stocks are mixed as investors weigh the risk that prolonged geopolitical tensions and higher energy costs could revive inflation pressures and lead to further interest-rate hikes.

Sources: NDTV; London Loves Business

Russia–Ukraine War

Escalation around Kyiv and warning to U.S. citizens

Russia has launched heavy drone and missile attacks on Kyiv, including reported use of hypersonic Oreshnik missiles, and says it will continue to strike “decision-making centers” in the Ukrainian capital.

Moscow is warning the United States to evacuate its citizens from Kyiv amid the intensified strikes.

Source: Saxo

Global Markets

Post-holiday rally, with focus on AI chips and data

European indices and U.S. stock futures are generally higher after a recent pullback, with some rotation into small-cap and value stocks alongside continued interest in AI-related chipmakers.

Traders are watching upcoming U.S. consumer-confidence figures and further Middle East developments, which could quickly shift risk sentiment.

Source: TS2

Energy & Commodities

Oil recovers slightly; precious metals stay firm

Brent crude has rebounded modestly after a sharp drop on Monday but is still trading below recent highs, a move seen as mildly supportive for major oil-importing economies such as India.

Gold and silver remain firm as some investors keep defensive positions amid ongoing geopolitical risks and inflation concerns.

Source: NDTV

U.S. Politics & Public Life

Trump attends Memorial Day ceremony at Arlington

President Donald Trump participated in Memorial Day observances at Arlington National Cemetery on Monday, May 25, highlighting the holiday’s focus on honoring fallen U.S. service members.

Source: PBS

Asia & Emerging Markets

China weakness and cautious trading in India

Chinese equities have recently softened following disappointing economic data, adding to concerns about slowing growth in the world’s second-largest economy.

In India, the Sensex and Nifty opened relatively muted, with local investors closely tracking U.S.–Iran developments and oil-price movements.

Sources: London Loves Business; NDTV

Health & Technology

FDA clears Spectral AI’s DeepView for burn assessment

Spectral AI has received U.S. FDA De Novo clearance for its DeepView system, an AI-driven imaging tool designed to support burn assessment.

The system aims to give clinicians an early, data-based view of which parts of a burn wound are unlikely to heal within 21 days, potentially improving and speeding treatment decisions.

Source: Taiwan News

Europe

European bulletins focus on conflicts and domestic issues

European news outlets are continuing intensive coverage of the Middle East crisis, the Russia–Ukraine war, and a range of domestic political and economic stories in their May 26 morning updates.

Source: Euronews