[MARKET ANALYSIS] Oil prices gained following the tit-for-tat US-Iran attacks over the weekend, although the sides have since agreed to halt strikes and will meet for talks this week

WTI/Brent: WTI Aug'26 +1.1% / Brent Sep'26 +0.7%

• Oil prices gained at the reopen following the tit-for-tat strikes between the US and Iran over the weekend, although gains are capped as the sides have since agreed to halt strikes and meet this week.

Gold: -0.7%

• Mildly pulled back after last Friday's rebound stalled just shy of the USD 4,100/oz level, while downside coincides with higher oil prices and upside in yields.

Copper: -0.8%

• Trickled lower, albeit with downside limited, following the prior week's fluctuations and amid the mixed risk appetite in Asia.