[MARKET UPDATE] Energy benchmarks continues to trend higher without a clear driver in recent trade; fixed income extends to session lows as a result of the energy move

Newsquawk Staff · 7 Jul 2026, 02:52 UTC

Energy benchmarks continues to trend higher without a clear driver in recent trade; fixed income extends to session lows as a result of the energy move.

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US Market Open, 21 Oct, 10:29 UTC · what it led with

Pakistan Army Chief Munir brought the "final warning" from the United States to Iranian officials, which called on Iran to submit to the US demands for concessions on the nuclear issue before taking any other steps.
The UK government has approved the Jackdaw North Sea gas field.

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Iran and US talks continue, and reports that the deal is close are wrong.
WTI crude+1.5%
Mediation efforts said that "Qatar and Pakistan presented a 'compromise proposal' that meets the demands of both the American and Iranian sides", Al Araby Al Jadeed reports citing sources.
WTI crude−4.6%
"A breakthrough is expected to be announced this week to halt the escalation between Washington and Tehran", Al Araby Al Jadeed reports citing a source.
WTI crude−1.1%

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