Weekly Market Wrap: Dollar and Oil Rally as Crypto Heads Into a Headline Driven Weekend

For the week of 11 to 15 May 2026, markets shifted back toward an inflation and rates story. Oil climbed sharply as Hormuz disruption and stalled Iran diplomacy kept supply fears alive, the US dollar posted its biggest weekly gain in more than two months, gold fell to a one week low, and crypto now heads into the 16 to 17 May weekend as the main live sentiment gauge.