Financial Times
As cost at the pump declines to nearly two-month low, analysts warn risk of a surge ‘has not completely disappeared’
Yahoo Finance
MarketWatch
The U.S. and Iran have reached a tentative deal to extend their ceasefire by 60 days and reopen the Strait of Hormuz, but it will take an excess of global crude supplies and lower shipping costs for the market to see any semblance of normality.
Yahoo Finance
Yahoo Finance
Bloomberg Markets
Jason Draho, head of asset allocation at UBS Chief Investment Office, said that even though oil flows and energy prices aren't expect to drop back to normal right after a deal between the US and Iran does into effect, May's inflation print may be the peak for year over year measure. Draho said that as energy prices go lower, inflation will start to level out and then dissipate. (Source: Bloomberg)
Financial Times
Mediators spent weeks working on a plan to bridge nearly half a century of hostility between Washington and Tehran