Global Stocks End May Higher Despite Strait of Hormuz Closure and Elevated 2026 Energy Prices
Updated
Updated · Seeking Alpha · Jun 1
Global Stocks End May Higher Despite Strait of Hormuz Closure and Elevated 2026 Energy Prices
10 articles · Updated · Seeking Alpha · Jun 1
May trading closed Friday with equities still advancing even as the Strait of Hormuz remained shut and key energy and commodity prices stayed well above their levels at the start of 2026.
The resilience came despite a major geopolitical supply disruption that has kept oil-linked costs elevated and sustained pressure across broader commodity markets.
That combination left investors ending the month with a split picture: stronger equity performance alongside persistent energy-price stress tied to the ongoing Hormuz closure.
Is massive AI investment making markets immune to traditional oil shocks?
Why are markets thriving when top economists predict global stagflation?
With the Strait of Hormuz closed, what is preventing a full-scale war?