[MARKET UPDATE] Modest downticks in crude futures of some c.0.40/bbl despite a lack of headlines but in tandem with a volume spike

Iranian Foreign Ministry says Tehran strongly condemns Israeli aggression against Lebanon, Al Mayadeen reports

Romanian President said the unprecedented nature of the drone incident requires a firm, coordinated response at both the national and international levels; Romania summoned Russia's ambassador

[MARKET UPDATE] Modest downticks in crude futures of some c.0.40/bbl despite a lack of headlines but in tandem with a volume spike

Fed's Kashkari (voter) says it is now unclear what the future path of monetary policy will be due to the Iran war; it is premature to conclude that the Fed needs to raise rates immediately after the April PCE inflation data

Former BoJ Board Member Sakurai says BoJ will likely raise rates in June, Bloomberg reports