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Commodities

US Private Weekly Inventory Data (bbls) Crude -0.3mln (prev. +9.1mln), Gasoline +1.1mln (prev. -1.5mln), Distillate -2.8mln (prev. -0.6mln), Cushing -1.4mln (prev. +0.4mln)

StockNow breaking-news AI analysis

Investors focus on distillate draws and Middle East supply risks, balancing a modest crude draw against softened demand outlooks from the IEA and OPEC amid Strait of Hormuz tensions.

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Geopolitics

Iran Foreign Minister says Tehran rejected ceasefire proposals; says war must end, not pause

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US President Trump told top administration envoys to halt their conversations with Iran, according to CNN citing a US official

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DJT