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Middle East Tensions, China Tech Slump, & Crypto Data Outage Impact Markets

22 May 2026, 08:00 - 12:00 (UTC)
Geopolitical tensions are rising in the Middle East with the UAE, Saudi Arabia, and Qatar urging Trump not to restart the war with Iran, while the UAE also contemplates leaving OPEC.
Chinese tech stocks, including PDD Holdings, JD.com, and Alibaba, plummeted following China's crackdown on illegal cross-border brokerages.
Pyth Network, a critical price data provider for DeFi, experienced a nearly 4-hour outage affecting all its price feeds.
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