CRUDE WRAP: WTI (H6) SETTLES USD 0.21 LOWER AT 65.21/BBL; BRENT (H6) SETTLES USD 0.02 LOWER AT 70.69/BBL
The slight decline in WTI and Brent crude oil prices suggests a muted response to current market conditions.
EU Industry Associations says China has proposed final anti-subsidy duties on EU dairy products at lower levels than in provisional duties; Final Chinese anti-subsidy tariffs on EU dairy products go up to 11.7% vs. maximum 42.7% in provisional duties
Senior US military officials have told the leadership of a key us ally in the Middle East that US President Trump could authorize a US attack on Iran this weekend, via Kurdistan24 reporter on X - UNCONFIRMED
CRUDE WRAP: WTI (H6) SETTLES USD 0.21 LOWER AT 65.21/BBL; BRENT (H6) SETTLES USD 0.02 LOWER AT 70.69/BBL
Satellite photos show activity at Iran nuclear sites as tensions rise over protest crackdown, AP reports
Fed's Musalem (2028 voter) says Fed meetings are about persuasion; The best idea wins; Fed's Musalem: Tariffs are about half of the current inflation overshoot
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This movement may reflect broader concerns about demand amidst geopolitical tensions or economic indicators, potentially impacting inflation and Fed policy. Traders should monitor news related to supply disruptions or changing demand dynamics for clearer directional signals.
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