MARKET UPDATE: Oil prices slide on WSJ report that the US is to allow Iran to immediately sell oil

Newsquawk StaffPublished 16 Jun 2026, 16:11 UTCOn the live feed at 15:51 UTC — 7 more headlines followed before this page went public

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Apple (AAPL) is scheduled to launch new camera airpods and introduce the 20th anniversary iPhone in late 2027

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Newsquawk Daily US Earnings Estimates - 17th June 2026: PGR

15:51

MARKET UPDATE: Oil prices slide on WSJ report that the US is to allow Iran to immediately sell oil

15:48

The US will allow Iran to immediately begin selling oil and fuel under the deal to end the war, offering Tehran an early financial incentive to wind down the conflict, via WSJ citing sources

15:47

BMW (BMW GY) cuts 2026 auto EBIT margin outlook to 1-3% (prev. 4-6%); expects slight decline in auto deliveries Y/Y; guidance cut due to a faster downturn in China, intensifying competition across APAC, persistent high energy costs and consumer sentiment

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The weakness in oil has lead to upside in T-notes and Dollar weakness while equities are little phased.

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