Why are oil markets remaining relatively calm despite renewed U.S.-Iran military exchanges?

Oil markets remain relatively calm because traders appear to place more weight on President Trump’s statement that ‘anything that happens is going to be over very quickly... and will only make it safer, including for oil’, leading Brent crude to pare early gains and trade around $78/bbl on Thursday morning — near Wednesday’s settlement after a more than 5% rise.

What key development regarding Ukraine’s defense capabilities was announced at the NATO summit in Turkey?

At the NATO summit in Turkey, President Trump announced that Ukraine would be granted a license to manufacture Patriot missile interceptors — described in the article as ‘a big win for Kyiv’.

Markets remain long TACO

Jul 9, 2026

Oil prices stabilized near $78/bbl despite U.S.-Iran tensions, while Russia banned diesel exports amid refinery attacks. The Fed highlighted inflation risks and potential rate hikes, alongside a rally in chip stocks driven by Apple's investment.

reuters

2026-06-26

When the Chips Are Down and Up and Down

2026-07-09

Markets remain long TACO

Markets remain long TACO

FAQ