[MARKET UPDATE] Oil prices extend on the prior day's rally with WTI above USD 80/bbl following US-Iran escalation and with Trump reinstating the Iranian blockade, while he touted a 20% Hormuz fee, and there were also reports of Saudi-Yemen attacks

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Australian Westpac Consumer Confidence Index (Jul) 83.9 (Prev. 80.6)

PBoC is expected to set USD/CNY mid-point at 6.7927 (prev. 6.7972)

[MARKET UPDATE] Oil prices extend on the prior day's rally with WTI above USD 80/bbl following US-Iran escalation and with Trump reinstating the Iranian blockade, while he touted a 20% Hormuz fee, and there were also reports of Saudi-Yemen attacks

Iraq's PM says that the government plans to significantly increase oil production within three years

Saudi Arabia reportedly conducts assault on Yemen and is flying over the Saada province, according to Tasnim

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