U.S. Stocks End Week Higher as Markets Anticipate Fed Rate Cut 
Asian Currencies Steady as Rupee Hits Record Low Amid Fed Rate Cut Bets 
Austria’s AA Credit Rating Affirmed as Fitch Highlights Stable Outlook 
Asia’s IPO Market Set for Strong Growth as China and India Drive Investor Diversification 
Trump Meets Mexico and Canada Leaders After 2026 World Cup Draw Amid USMCA Tensions 
Fed Meeting Sparks Division as Markets Brace for Possible Rate Cut 
Asian Markets Mixed as RBI Cuts Rates and BOJ Signals Possible Hike 
Japan’s Nikkei Drops as Markets Await Key U.S. Inflation Data 
Gold Prices Edge Higher as Markets Await Key U.S. PCE Inflation Data 
Germany’s Economic Recovery Slows as Trade Tensions and Rising Costs Weigh on Growth 
IMF Deputy Dan Katz Visits China as Key Economic Review Nears 
European Oil & Gas Stocks Face 2026 With Cautious Outlook Amid Valuation Pressure 
U.S. Stocks Rise as Cooler Inflation Boosts Hopes for Fed Rate Cut 
U.S. Futures Steady as Rate-Cut Bets Rise on Soft Labor Data 
Asian Markets Mixed as Fed Rate Cut Bets Grow and Japan’s Nikkei Leads Gains 
European Stocks Rise as Markets Await Key U.S. Inflation Data 
Oil prices rose in Asian trading on Tuesday, building on strong gains from the previous session as geopolitical risks signaled potential supply disruptions. Brent crude futures increased 0.8% to $65.17 a barrel, while West Texas Intermediate (WTI) gained 0.9% to $62.04 by 01:19 GMT.
The rally follows heightened tensions in several key regions. Uncertainty over the U.S.-Iran nuclear deal added to market jitters. While reports suggested Washington might permit limited uranium enrichment, President Donald Trump firmly denied such allowances, creating further friction with Tehran. A finalized nuclear agreement would likely lift sanctions on Iranian oil exports, boosting global supply. However, continued disagreements may delay any return of Iranian crude to international markets.
In Canada, wildfires in Alberta—an oil-rich province—threaten to curb output, compounding concerns about global supply tightness. Meanwhile, OPEC+ reaffirmed plans to increase production, aligning with market expectations but doing little to ease long-term supply fears.
Adding to the geopolitical strain, a Ukrainian drone strike deep inside Russian territory raised the risk of further disruptions to energy flows. Simultaneously, the U.S. is reportedly considering tougher sanctions on Russia's oil sector, this time aimed at buyers such as China and India. With Russia demanding territorial concessions from Ukraine and peace talks stalling, the prospects for a ceasefire remain slim. President Trump’s renewed calls for peace were largely dismissed by Moscow, increasing the likelihood of deeper sanctions.
The combination of supply-side risks—from stalled Iran talks, Canadian wildfires, and escalating Russia-Ukraine conflict—has created a bullish outlook for oil, keeping prices elevated amid a volatile geopolitical landscape. Traders continue to monitor these developments closely for their impact on global crude supply and energy markets.
