CRUDE WRAP: WTI (J6) SETTLES USD 2.79 HIGHER AT 65.05/BBL; BRENT (J6) SETTLES USD 2.93 HIGHER AT USD 70.35/BBL
Newsquawk Staff ·
CRUDE WRAP: WTI (J6) SETTLES USD 2.79 HIGHER AT 65.05/BBL; BRENT (J6) SETTLES USD 2.93 HIGHER AT USD 70.35/BBL.
- Iran's Foreign Minister Araghchi says sustainable regional security requires collective responsibility, mutual respect for sovereignty and cooperation among regional countries without foreign military intervention
- US President Trump says there will be a meeting with Russian President Putin and Ukrainian President Zelensky set up soon, while Trump says there will be a meeting on disarmament during Asia trip
- [MARKET ANALYSIS] DXY takes a breather after recent gains and heading into the FOMC, while NZD slumps on RBNZ's surprise pause
- [MARKET ANALYSIS] Oil prices rebounded after recent choppy price action amid mixed geopolitical headlines, while an inconclusive Israeli election adds to the uncertainty
- Israel exit poll shows Israeli PM Netanyahu's coalition wins 50 seats, opposition wins 52 seats and Arab-led parties win 18 seats
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