oil

Middle East tensions pushed crude higher, stoking inflation concerns and forcing the bond market to reprice Fed expectations upward, dragging gold lower as yield-bearing Treasuries regain relative appeal.

Crude surged on Middle East supply fears while Fed Chair Kevin Warsh's hawkish comments pushed markets to price in a near-term rate increase, steepening the front end of the yield curve.

Tehran's Foreign Ministry called on countries to reject U.S. economic pressure, linking diplomatic talks to an end to Middle East conflicts.

Pakistan and Oman held separate talks with Tehran on reopening the Strait of Hormuz, pulling oil prices lower despite new U.S. sanctions

Treasury Secretary Scott Bessent said the U.S. will impose sweeping sanctions and maintain a blockade on Iran, calling on other nations to join the effort to isolate the country economically.

Oil Minister Paula Henao secured contracts with SLB and Hunt Oil by embedding foreign arbitration rights into Venezuela's revised hydrocarbons framework, but U.S. sanctions authority remains the limiting variable.

The Orsk refinery shutdown—six months of repairs, 6 million metric tons of annual capacity offline—has pushed Orenburg Oblast into license-plate-based gasoline rationing.

Investors moved into riskier bond segments last month even as New York Fed data showed consumer credit card debt at a record $1.26 trillion.

Developing-nation currencies dropped May 26 as U.S.-Iran talks stalled, while emerging-market stocks rose 0.5 percent for a fourth straight day on AI optimism.

The S&P 500 rose 1.8 percent and the Dow closed at an all-time high as investors rotated into AI-linked tech stocks while oil prices dropped on U.S.-Iran negotiation signals.

U.S. refiners are refusing to meet price demands for roughly 50 million barrels of Venezuelan crude, stalling a Trump administration initiative and alarming domestic shale producers.

The vessels carrying crude for India disabled their AIS transponders to avoid detection in the high-risk waterway, pushing global freight insurance costs higher.

Analysts say Washington faces a 100-day political window to de-escalate the Iran conflict, a move that could flood markets with sidelined crude.

Falling oil futures are feeding disinflationary expectations, pulling the two-year Treasury yield down 10 basis points and widening the 2s/10s spread to negative 47 basis points.

U.S. stock index futures climbed after a halt in U.S.-Iran hostilities redirected investor attention to the Federal Reserve's policy meeting and major tech earnings.

Kyiv's drone strikes on Russian tankers and cargo ships in the Black Sea and Sea of Azov on July 21-22 escalate economic warfare against Moscow's crude exports.

Tehran's concession could unlock billions in sanctions relief and restore 1.5 million barrels daily of oil exports

Executive Director Fatih Birol said the agency stands prepared to coordinate additional strategic petroleum reserve releases if member nations request action

Escalating Middle East tensions and sustained oil demand could push Occidental Petroleum shares to $75 over the next year, driven by higher crude prices

President Trump's statement regarding potential U.S. strikes on Iran immediately triggered a risk-off shift across global markets, driving safe-haven demand and commodity price inflation.

Brent crude oil prices jumped after U.S. and Iranian negotiations failed, sending ripples across global financial markets