Oil Prices Steady as U.S.-Iran Truce Uncertainty and Middle East Tensions Keep Markets on Edge 
Asian Stocks Surge as Oil Prices Fall and Strong US Dollar Weighs on Markets 
Japan Keeps Markets Guessing as Yen Nears 40-Year Low, Raising Intervention Risks 
Dollar Holds Firm as U.S.-Iran Talks Ease Tensions, GBP/USD Slips Amid UK Political Uncertainty 
Oil Prices Fall as Iran Peace Talks Progress, Hormuz Reopens, and U.S. SPR Hits 1983 Low 
Trump Says No Hormuz Strait Tolls During 60-Day Iran Ceasefire 
Japan Inflation Stays Below BOJ Target Despite Rate Hike and Rising Energy Cost Risks 
US Dollar Hits One-Year High as Hawkish Fed Outlook Overshadows Middle East Developments 
Gold Price Rises as Investors Weigh U.S.-Iran Talks and Fed Policy Outlook 
Gold Prices Slide as Hawkish Fed and Strong Dollar Weigh on Bullion 
France Faces Long Road to Economic Rebalancing as Weak Demand and High Rates Weigh, Says Citi 
US Stock Futures Recover as Iran Signals Progress in Peace Talks 
China’s AI Manufacturing Boom Masks Weak Consumer Economy, Citi Says 
Oil Prices Drop as U.S.-Iran Talks Ease Supply Concerns 
Russia Stocks End Flat as MOEX Index Hits New 52-Week Low; Gold Falls and Oil Mixed 
Italy’s Economy Outpaces Eurozone Peers as Investment Spending Fuels Growth 
Oil prices held firm near one-month highs on Friday, eyeing a third straight weekly gain, driven by tightening global supply concerns. U.S. sanctions and tariffs targeting oil exports from Venezuela and Iran have injected fresh volatility into global energy markets.
Brent crude futures edged down 8 cents to $73.95 a barrel, while U.S. West Texas Intermediate (WTI) crude also slipped 8 cents to $69.84. Despite the minor dip, both benchmarks have climbed over 2% this week, supported by growing supply constraints and signs of stronger U.S. demand.
The U.S. recently imposed 25% tariffs on countries purchasing Venezuelan crude, days after extending sanctions on Iran, particularly affecting China's oil imports. The move prompted top Venezuelan crude buyer China to pause purchases. India’s Reliance Industries, which runs the world’s largest refinery, is also reportedly halting Venezuelan imports.
Supply-side pressure was further intensified by a larger-than-expected drop in U.S. crude inventories. The Energy Information Administration (EIA) reported a 3.3 million barrel drawdown last week, reducing stockpiles to 433.6 million barrels. Analysts had forecasted a modest 956,000-barrel decline.
While tightening supply and improved U.S. demand support bullish momentum, market sentiment remains cautious. Analysts warn that escalating U.S. trade measures could trigger economic slowdowns, potentially weighing on global oil demand and capping long-term price gains.
The combination of geopolitical tensions, reduced supply from sanctioned nations, and shifting trade dynamics has created a complex and uncertain outlook for oil markets. Investors are closely watching further policy moves and global economic indicators to gauge where prices may head next.
