Oil Remains Weak as De-escalation Hopes Grow, Trump Faces Constraints
Oil prices fell as de-escalation hopes rose with Gulf leaders urging a reset with Iran, and US constraints grew. Technicals show support near $93.
Oil prices fell as de-escalation hopes rose with Gulf leaders urging a reset with Iran, and US constraints grew. Technicals show support near $93.
Trump-Xi meeting set for this week as both sides signal modest trade ambitions; Busan truce expected to be extended.
US Treasury Secretary Bessent said all Iranian airlines will be shut down globally from September 23, threatening to cut off any service providers from the…
EU's Kallas says Red Sea mission needs more than 10 warships as security worsens; letter sent to member states for extra naval and air assets.
The Trump administration has proposed a $5 billion fund to rebuild Gulf energy infrastructure and reduce reliance on the Strait of Hormuz.
Yemen's president asked Trump for military aid, but no pledge was made; oil fell $3.38 to $92.77 on diplomatic hopes.
The Indian rupee paused its decline ahead of the UN General Assembly, with hopes for de-escalation in the Middle East. The USD/INR pair stalled near 96.10…
Oil prices slipped on hopes for de-escalation in the Middle East, with attention turning to the UN General Assembly and potential Trump-Pezeshkian talks.
Opposition blocked or delayed 45 US data center projects worth $68B from April to June, with protests now spreading globally.
Ahead of the Trump-Xi summit, China remains steady with record trade surplus, while markets expect only a truce extension, not a major deal.
Oil gapped higher on Houthi attack then eased on improving flows. Asia-Pacific mixed ahead of Trump-Xi meeting.
Trump twice reversed his decision on Houthi strikes after a call with Saudi crown prince, ordering then canceling preparations.
JPMorgan says Middle East oil flows remain strong despite Saudi pipeline outage, with exports via Hormuz up. Oil prices fell for a third session on supply…
Nvidia CEO Jensen Huang has become Trump's most trusted AI adviser, beating Zuckerberg and Bezos, as shares climb 1.3%.
US tells Americans to leave Iran as Trump weighs Tehran's terms for ending the war, with oil markets watching his UN response.