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At Close: Jun 18, 2026

Morning Bid: Oil's combustible calm

06:53am, Tuesday, 10'th Mar 2026
What matters in U.S. and global markets today
Investors are hoping for a swift end to the Iran war, which has driven up oil prices over the past week and a half.

Feast to Famine in the Oil Market

06:46am, Tuesday, 10'th Mar 2026
Plus, private credit jitters.
At this point, oil
Oil futures took another swift dive on Tuesday as world leaders consider releasing emergency supplies as the Iran conflict stretched into an eleventh day.
WTI crude retreats to $87 as the conflict premium fades. Key support sits at $83, while Brent and natural gas track easing volatility.
Bob Elliott, CEO and CIO of Unlimited, says that in the U.S. and Israel's war against Iran, Washington isn't fully in control, suggesting the overnight reversal in markets and oil prices may reflect i
Benchmark Treasury yields are hovering near the middle of their months-long trading range as fears fade of an inflation shock caused by surging oil prices.

Aramco CEO warns of oil market 'catastrophe'

05:31am, Tuesday, 10'th Mar 2026
The Iran war threatens “catastrophic consequences” for the global oil market, the CEO of Saudi oil giant Aramco has warned. 🔗Read more: cnb.cx/40iDuai
U.S. President Donald Trump hails the war effort in Iran as ‘very complete' and has suggested some oil sanctions could be eased to shore up confidence in the market. However, Trump warned Iran could
Oil prices were falling again early Tuesday after stunning swings in the previous sessions on hopes for a de-escalation in the Middle East.
Saudi Aramco (ARAM) reported lower profits for 2025 as oil prices fell from the previous year, but announced a $3 billion share buyback and hiked its dividend 3.5% amid optimism about demand and inves
Michelle Brouhard, Kpler's Head of Policy and Geopolitical Risk, discusses the impact the Strait of Hormuz's closure and shutting of oil production in Gulf countries will have on future oil balances.
Saudi Arabia has lowered oil ​output by between ‌2 million and 2.5 million ​barrels a day, ​and the United ⁠Arab Emirates has ​cut its output ​by 500,00-800,000 barrels a day, Bloomberg
Treasury yields fell as oil prices tumbled after Donald Trump warned that Iran would be hit harder if it attempted to halt Strait of Hormuz shipments.
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