[MARKET ANALYSIS) Oil futures remain underpinned after further US-Iran strikes and with Trump said to be leaning towards expanding US military operations in Iran
Oil prices are rising due to intensifying US-Iran military conflicts, while gold and copper remain volatile following soft US inflation data and weak Chinese credit demand.
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WTI/Brent: WTI Aug'26 +0.6% / Brent Sep'26 +0.4%Oil prices remain underpinned as US-Iran strikes continued, and President Trump said to be leaning toward expanding US military operations in Iran after days of briefings from top aides.Gold: -0.7%Faded yesterday's gains with this week's price action choppy amid upside in oil prices and softer US inflation data.Copper: +0.1%Lacks conviction amid the mixed risk appetite and following softer-than-expected Chinese lending data.
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