Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal 
Dollar Near Two-Week High as Stock Rout, AI Concerns and Global Events Drive Market Volatility 
Global Markets Slide as AI, Crypto, and Precious Metals Face Heightened Volatility 
Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target 
Singapore Budget 2026 Set for Fiscal Prudence as Growth Remains Resilient 
U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains 
South Korea’s Weak Won Struggles as Retail Investors Pour Money Into U.S. Stocks 
Japan Economy Poised for Q4 2025 Growth as Investment and Consumption Hold Firm 
U.S. Stock Futures Slide as Tech Rout Deepens on Amazon Capex Shock 
Asian Markets Slip as AI Spending Fears Shake Tech, Wall Street Futures Rebound 
Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility 
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices 
Asian Stocks Slip as Tech Rout Deepens, Japan Steadies Ahead of Election 
Gold and Silver Prices Rebound After Volatile Week Triggered by Fed Nomination 
Australia’s December Trade Surplus Expands but Falls Short of Expectations 
South Korea Assures U.S. on Trade Deal Commitments Amid Tariff Concerns 
Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady 
U.S. oil prices tumbled Monday evening following former President Donald Trump’s surprise announcement of a ceasefire agreement between Israel and Iran, effectively ending their 12-day conflict.
West Texas Intermediate (WTI) crude futures for August dropped 4.7% to $64.08 per barrel by 19:36 ET, marking a continued slide from earlier losses. Brent crude also fell sharply, settling 8.3% lower at $70.65 per barrel.
The selloff came after Trump revealed that Iran would initiate a near-immediate ceasefire, with Israel following 12 hours later. The conflict is expected to conclude officially 24 hours after the truce begins. Trump stated that both sides were completing "in progress, final missions" as part of the agreement.
Despite the ceasefire news, oil prices recouped some losses after reports emerged that Israel had carried out limited strikes on Iranian targets post-announcement. However, the market still reacted to the broader de-escalation, which eased concerns about a prolonged Middle East conflict that could disrupt global oil supply.
Earlier, Iran launched a limited missile attack on a U.S. airbase in Qatar, which was seen as a measured retaliation for the U.S. bombing of Iranian nuclear facilities over the weekend. Trump dismissed Iran’s response as a “very weak” move, particularly since no casualties were reported and critical infrastructure like oil tankers in the Strait of Hormuz remained untouched.
Traders interpreted these developments as signs of easing geopolitical risk, pushing crude futures sharply lower. The retreat in oil prices reflects reduced fears of supply disruptions in the Persian Gulf region, a key artery for global energy shipments.
With geopolitical tensions cooling, investor focus now shifts to broader economic signals and potential shifts in global oil demand.
