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Oil prices fall in early European trading on hopes for a diplomatic solution to the Middle East war and as Saudi Arabia began efforts to restart a critical pipeline. Brent crude slips 0.9% to $98.42 a barrel, while WTI futures are down 1.4% to $89.28 a barrel. President Trump on Tuesday told report…
* Oil has continued to trend lower during Wednesday's APAC session as talks continue on the sidelines of this week's UN gathering. The fact negotiations are even taking place to facilitate Middle East energy shipments is driving optimism in markets but the situation remains very precarious. UST futures are higher, but
EXECUTIVE SUMMARY * TRUMP HAILS 'VERY GOOD' IRAN TALKS FOLLOWING ANNIHILATION THREAT - BBG: #cdbad0a1-5c8d-4cdb-9819-370162b99299 * ZELENSKY ASKS TRUMP FOR WINTER ARMS PACKAGE, EXPECTS ENERGY-CEASEFIRE PUSH - WSJ: #a4c79a68-e487-466b-a806-4885fa3200e0 * LASTING SHOCKS, FIRMING DEMAND REQUIRE FED ACTION - BARKIN - MNI
European shares edged higher on Wednesday, with both the STOXX 50 and broader STOXX 600 gaining around 0.1%, as falling oil prices pushed bond yields lower on hopes that the Strait of Hormuz could soon reopen. Iran said it had resumed talks with Oman on managing the Strait of Hormuz, amid mounting pressure from US Pres
Pres Trump: US, Iran Having Good Talks As Drones Hit Iran s Neighbours Oman Presented Regional Mechanism For Hormuz To Iran, Source Says Pres Trump To Host Netanyahu, Zelenskiy As Both Wars Hit Critical Stages Bab El-Mandeb Shipping Rises Amid Hopes Of US-Iran War Resolution US Bipartisan Funding Bill Could Drop This W
Wall Street traders drove stocks and bonds higher, with oil falling on hopes that mediated talks between the US and Iran will resume after a collapse in their fragile ceasefire deal.