[MARKET UPDATE] Modest upside seen in crude futures amid headlines of attacks in Iran by the US, although US officials claim the ceasefire has not ended; Iran yet to respond
The modest upside in crude futures reflects geopolitical tension stemming from US attacks in Iran, which could suggest potential supply risks.
The US Trade Court has ruled against President Trump's 10% global tariffs
Explosion was heard in Abu Dhabi, Fars News reports citing Arab sources
[MARKET UPDATE] Modest upside seen in crude futures amid headlines of attacks in Iran by the US, although US officials claim the ceasefire has not ended; Iran yet to respond
An explosion was heard in Minab, SNN reports
Three American destroyers were attacked by the Iranian Navy near the Strait of Hormuz, Tasnim sources say
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Although US officials indicate a ceasefire remains in effect, market participants are likely weighing the implications for oil supply stability and regional security.
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