WS #13339
Trump claims talks with Iran are underway and pauses strikes, sending Brent down ~6.6% and fueling a broad risk-on rally, though Iran denies negotiations. Trump publicly says Exxon and Chevron made 'too much money' and directs them to cut gas prices, adding political pressure on energy stocks already falling with oil. A Ukrainian drone strikes a Russian beach killing at least 7, marking a new escalation in the conflict, but with limited direct US market impact.
US-Iran de-escalation and oil price drop
Trump claims talks with Iran are underway and pauses strikes, sending Brent down ~6.6% and fueling a broad risk-on rally, though Iran denies negotiations.
Trump publicly says Exxon and Chevron made 'too much money' and directs them to cut gas prices, adding political pressure on energy stocks already falling with oil.
A Ukrainian drone strikes a Russian beach killing at least 7, marking a new escalation in the conflict, but with limited direct US market impact.