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19.06.26 - 15:57
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Futures Rebound, Oil Slides, After Israel And Hezbollah Agree To Ceasefire (ZeroHedge)
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Futures Rebound, Oil Slides, After Israel And Hezbollah Agree To Ceasefire
Update: the Yo-Yo insanity that is the on again, off again Iran war. Moments after we reported that futures and global risk assets had sold off overnight on a delay to today's start of peace talks in Switzerland due to Iran's protest of ongoing violence in Lebanon, moments ago Reuters reported that Israel and Hezbollah have agreed to a ceasefire set to begin at 4 p.m. local time on Friday, citing a senior US official
“Hezbollah and Israel have agreed to a ceasefire,” the official said on background, adding that negotiators for the U.S. and Qataris worked out the deal with help from Iran. “We understand that after the exchange of fire earlier today, Israel and Hezbollah are now in a ceasefire.”
The report was confirmed by an Israeli official speaking to the Jerusalem Post: "We have entered a ceasefire. We will continue to act against threats and wil...
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19.06.26 - 04:42
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Oil prices edge higher after Vance threatens Israel against violating ceasefire (Times of India)
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Oil prices experienced volatility following US Vice President JD Vance's comments, raising concerns about the Iran-US ceasefire's stability. Brent and WTI crude saw declines as Vance warned Israel against further attacks on Hezbollah, casting doubt on the accord's durability. The market now watches the Strait of Hormuz, a key oil transit route, for signs of recovery under the new agreement....
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09.06.26 - 16:42
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Oil Falls as Israel-Iran Attacks Halt (Bloomberg)
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Oil declined after Israel and Iran agreed to stop attacking each other following a flare-up in violence, while new data shed light on the extent of a drop in Chinese imports.
Amrita Sen, Founder and Director at Energy Aspects, discusses the latest moves in the energy market as US talks with Iran continue. (Source: Bloomberg)...
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