Oil

8 July 2026
Oil holds security premium as US-Iran tensions lift yields; OCBC stays bullish on Brent trajectory

Oil rose on US-Iran tensions, supporting dollar and yields; Brent seen easing gradually; options strategies suggested.

8 July 2026
Crude Oil Rises as Iran Sanctions Renew Hormuz Supply Risks

Key Points WTI crude extended its gains after the US revoked an authorisation covering Iranian oil sales. The original authorisation was due to remain in place until 21 August, but authorised transactions must now wind down by 17 July. Renewed …

8 July 2026
USD/CAD hovers near 1.4200 as Fed minutes and Iran tensions lift dollar, oil supports loonie

USD/CAD nears 1.4200 as Fed minutes, Iran tensions, and surging oil prices pull both ways.

8 July 2026
Gold slips towards $4,100 as US-Iran Hormuz clashes lift oil inflation fears; Fed minutes awaited

Gold slips near $4,100 as Hormuz tensions flare; Fed minutes awaited, weak jobs data supports bullion.

8 July 2026
Brent nears $76 as US strikes Iran and revokes oil licence amid Hormuz shipping fears

Iran vows Hormuz compliance as attacks hit tankers; US strikes Iran, tightens oil sales; crude rises.

8 July 2026
US Treasury revokes Iran oil waiver after Hormuz attacks, lifting Brent and WTI 5%

Treasury revoked Iran oil waiver after Hormuz tanker attacks, lifting crude prices 5% as tensions escalate.

8 July 2026
EUR/USD slides as Hormuz tensions lift dollar, leaving markets eyeing ECB bets and Fed minutes

EUR/USD slid on Hormuz tensions, oil spike and dollar haven demand, ahead of FOMC minutes signals.

7 July 2026
USD/CAD pushes to 1.4210 as Hormuz tensions buoy dollar, while softer Fed outlook caps gains

USD/CAD near 1.4210 on Hormuz jitters; Fed hike odds fade; oil steadies; loonie seen rebounding soon.

7 July 2026
USD/CAD climbs above 1.4200 as Hormuz tensions lift dollar, soft Fed bets and oil cap gains

USD/CAD climbed near 1.4210 as Hormuz tensions boosted dollar, while softer jobs and oil capped gains.

7 July 2026
Panetta Warns Hormuz Supply Risks Could Keep Eurozone Inflation Elevated, Limiting ECB Easing

Panetta warns Hormuz uncertainty keeps Eurozone inflation risks elevated, limiting ECB easing as supply shocks threaten growth.

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