Informed Iran military official says Iran had no pre-designed plan to attack Fujairah oil facilities, and what happened was the product of the American army's adventure to create a illegal passage of ships through the forbidden passages of the Strait
This statement from an Iranian military official suggests a potential de-escalation in tensions surrounding the Fujairah oil facilities, indicating no premeditated attack.
US President Trump stops short of saying Iran has violated the ceasefire, via ABC News citing phone call
US Treasury Financing Estimates (Q2): To borrow USD 189bln in Q2 and sees end-June cash balance of USD 900bln (prev. saw USD 109bln, assuming end-June cash balance of USD 900bln)
Informed Iran military official says Iran had no pre-designed plan to attack Fujairah oil facilities, and what happened was the product of the American army's adventure to create a illegal passage of ships through the forbidden passages of the Strait
Fed's Williams (voter) says longer-term outlook still suggests eventual rate cuts will happen and does not see need to start weighing Fed interest rate hike
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If the narrative shifts to blame the U.S. for heightened tensions, we may see reduced market fears, which could stabilize oil prices and positively impact risk sentiment, particularly for energy equities and WTI futures.
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