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[MARKET UPDATE] Crude at lows, USTs bid, stocks supported & USD hit in continued reaction to the reports around US-Iran negotiations in Islamabad

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In the c. 30 minutes of trade since just after 12:00BST/07:00ET: Brent Jun'26 fell from USD 106.50/bbl to a USD 103.41/bbl low. WTI Jun'26 fell from USD 96.98/bbl to a USD 93.63/bbl low. ES Jun'26 lifted from 7150 to a 7189 high. UST Jun'26 lifted from 110-30 to a 111-06 high. Pressure in the USD, with EUR/USD lifting from 1.1700 to a 1.1718 high, USD/JPY fell from 159.65 to a 159.33 low.

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