Head of Yemen's Saudi-backed presidential council says it will work on resuming oil exports starting Monday
The announcement by Yemen's Saudi-backed presidential council to resume oil exports starting Monday could signal a potential easing of supply constraints in the region.
On potential ceasefire talks with Iran, US officials say “Right now, President Trump is focused on making Iran pay for their violations of the MOU and their continued acts of terrorism in the Strait of Hormuz.", according to Axios' Ravid
US FX WRAP: Dollar mixed vs. peers as Aussie gains and Swissy lags
Head of Yemen's Saudi-backed presidential council says it will work on resuming oil exports starting Monday
Aercap (AER) said to have placed an order for 15 Boeing (BA) 787 jets
UK names Yvette Cooper as health secretary
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Given the current dynamics in oil markets, this development could exert downward pressure on WTI prices, especially if it leads to a significant increase in overall supply. Traders should monitor this closely for its impact on both regional stability and global energy markets.
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