Canada Imposes 10% Tariff on Canned Vegetable Imports to Protect Domestic Industry 
Asian Stocks Rally as Japan and South Korea Reach Record Highs on US-Iran Peace Deal 
Yen Near 40-Year Lows Despite BOJ Rate Hike, Markets Brace for Possible Intervention 
Japan Inflation Stays Below BOJ Target Despite Rate Hike and Rising Energy Cost Risks 
US Stock Futures Slip After Wall Street Rally Fueled by US-Iran Deal and Chipmaker Surge 
Japan Signals Readiness to Intervene as USD/JPY Nears 161 Amid Yen Weakness 
Oil Prices Slide as U.S.-Iran Deal and Hormuz Reopening Ease Supply Concerns 
Trump Questions USMCA Renewal as Trade Talks Continue 
Dollar Hits One-Month High as Hawkish Fed Outlook Boosts Greenback 
Gold Prices Rebound on U.S.-Iran Peace Deal Optimism Despite Fed Rate Hike Signals 
Europe EV Demand Surges as Fuel Prices Rise Amid Iran Conflict 
Asian Stocks Advance as Nikkei Nears Record High Ahead of Fed Decision 
Oil Prices Ease as Markets Weigh U.S.-Iran Peace Deal and Strait of Hormuz Reopening 
Asian Currencies Steady as Dollar Holds Firm Ahead of Fed Decision and US-Iran Deal Details 
BOJ Signals More Rate Hikes as Inflation Risks Rise Amid Energy Price Pressures 
Oil Prices Steady as U.S.-Iran Truce Uncertainty and Middle East Tensions Keep Markets on Edge 
US Stock Futures Jump on Reports of Preliminary US-Iran Peace Deal Despite Fed’s Hawkish Outlook 
Oil prices edged higher during Asian trading on Thursday as conflicting signals over potential Middle East de-escalation kept energy markets on alert. Brent crude futures for May delivery rose 0.8% to $103.02 per barrel, while WTI crude gained 1% to reach $91.20 per barrel, partially recovering from losses exceeding 2% in the prior session.
The modest rebound came as traders digested cautious diplomatic developments out of Tehran, where Iranian officials are reportedly evaluating a U.S.-backed framework aimed at ending the ongoing conflict. Although Iran has yet to formally accept the proposal, its refusal to outright reject it has injected a degree of cautious optimism into the market. However, Iranian authorities publicly denied engaging in direct talks with Washington, citing unresolved core differences, which continued to fuel uncertainty among investors.
Crude oil prices have experienced extreme volatility in recent weeks following disruptions to energy flows from the Gulf region, a cornerstone of global crude supply. Earlier this month, Brent surged past $119 per barrel driven by fears of major supply outages, underscoring how sensitive energy markets remain to geopolitical risk in the region.
A central concern for oil traders remains the Strait of Hormuz, the critical shipping corridor through which approximately one-fifth of the world's oil supply passes. Any renewed threat to navigation through the waterway could quickly reignite upward pressure on global crude prices.
Wednesday's price decline reflected market relief following early ceasefire reports, which temporarily reduced the geopolitical risk premium built into oil valuations. Meanwhile, Washington's warnings of stronger economic measures should Iran fail to engage meaningfully added yet another layer of complexity to an already fragile outlook.
With diplomatic negotiations fluid and regional tensions unresolved, oil markets are expected to remain highly sensitive to any new developments in the coming days.
