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Geopolitics

Kpler shipping data showed 18 vessels passed through the Bab al-Mandeb on Sunday vs 27 on Saturday

StockNow breaking-news AI analysis

Bab al-Mandeb transits dropped to 18 vessels on August 2 amid escalating Red Sea attacks, intensified U.S. military rerouting, and Brent crude prices surging above $90 per barrel.

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Geopolitics

Gulf official tells CNN “50:50” chance US and Iran could reach deal by Friday, CNN reports; Iranian delegation does not include IRGC, which would need to sign off on details of provisional agreement

Geopolitics

The draft agreed to by Iranian and Omani negotiators awaits final approval from Iran’s supreme leader, two regional officials told The Associated Press on Wednesday

U.S. Economy

US ADP Employment Change (Jul) 44K vs. Exp. 70K (Prev. 98K)