Before weekly trading began, markets reacted to the announcement that the U.S. and Iran had reached a framework deal to end the conflict. The reopening of the Strait of Hormuz and the easing of sanctions, allowing Iran to resume oil exports, pushed WTI sharply lower at the start of the week and helped lift equity […]
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In focus today In the euro area, the flash consumer confidence for June is released. The survey period is likely 1-21 June so the US-Iran deal and subsequent drop in the oil price might not Read more…
Key takeaways US-Iran peace negotiations remain fragile despite progress on reopening the Strait of Hormuz. While crude oil continues to flow through the waterway and a 60-day roadmap remains intact, fresh geopolitical threats and proxy-conflict Read more…
TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. Why we love this deal With summer in full swing, hanging Read more…