The brief
- Yields subsided as stocks breathed easier
- Brent fell on hopes for progress on the Strait of Hormuz
- Lower crude and global yields can support Indian oil-importing and rate-sensitive sectors
- ‘They were asking for everything up front:’ US Ambassador to UN Mike Waltz explains why Trump rejected Iran's proposal
- Hormuz Tensions: Iran Hits Back At US Over Strait Control, Points To Oil Price Premium
- Gold Declines As Hormuz Impasse Keeps Rate-Hike Bets Elevated
- Oil prices climb as Iran holds firm on Hormuz terms and Trump rejects proposal
- Oil rises as Iran holds to Strait of Hormuz proposal rejected by Trump