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Oil Futures
Everything Briefed has filed against Oil Futures, most recent first.
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Oil futures drop as ships move toward reopened HormuzBrent crude fell 3% to $111/bbl after at least one vessel successfully passed through the Strait of Hormuz, signaling partial reopening of the chokepoint that carries 20% of global oil supplies. Ir…JPMorgan spots exit ramp in Middle East conflictJPMorgan's strategists are telling clients that markets see potential resolution pathways in the Middle East despite yesterday's Strait of Hormuz closure. The bank points to oil futures curves show…US and Iran inch toward framework deal to end proxy warsAmerican and Iranian officials are drafting a framework agreement that could end the year-long Middle East conflict within months, according to sources close to the talks. The deal would freeze Ira…