CRUDE WRAP: WTI (M6) SETTLES USD 2.89 HIGHER AT 95.85/BBL; WTI (M6) SETTLES USD 2.89 HIGHER AT 95.85/BBL; BRENT (M6) SETTLES USD 3.16 HIGHER AT 105.07/BBL
The significant rise in WTI and Brent crude prices highlights growing geopolitical tensions and supply concerns, particularly relating to the Middle East.
Iranian Foreign Ministry says Washington must accept all terms of the agreement for the ceasefire to hold.
US President Trump set to extend US ship waiver to ease oil and gas deliveries, according to Bloomberg citing sources familiar with Trump's plans on the Jones Act waiver
CRUDE WRAP: WTI (M6) SETTLES USD 2.89 HIGHER AT 95.85/BBL; WTI (M6) SETTLES USD 2.89 HIGHER AT 95.85/BBL; BRENT (M6) SETTLES USD 3.16 HIGHER AT 105.07/BBL
The US has burned through so many munitions in Iran that some administration officials increasingly assess that it couldn't fully execute contingency plans to defend Taiwan from a Chinese invasion if it occurred in the near term, via WSJ citing officials
Instagram (META) to launch new app combining features of Snapchat (SNAP) and BeReal
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This upward movement in oil prices can impact inflation expectations and may influence central bank policies. Keep an eye on how this may shift market sentiment in energy-related assets and broader commodities.
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