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U.S. strikes on Iran pushed oil prices up more than 2.5%. In early European trade, July Brent rose 2.6% to $96.74/bbl and July WTI rose 2.6% to $90.95/bbl. ANZ analysts said traders are increasingly cautious about holding long oil positions until the

2026-05-28

U.S. strikes on Iran pushed oil prices up more than 2.5%. In early European trade, July Brent rose 2.6% to $96.74/bbl and July WTI rose 2.6% to $90.95/bbl. ANZ analysts said traders are increasingly cautious about holding long oil positions until there are signs of de-escalation; supply remains constrained and key issues are unresolved. With disruptions having driven inventories sharply lower, market participants are awaiting U.S. EIA weekly stock data due Thursday evening.

Other News
2026-05-28

Dollar index (DXY) ticked up slightly intraday, now 99.25; non‑USD currencies broadly lower.

Dollar index (DXY) ticked up slightly intraday, now 99.25; non‑USD currencies broadly lower.
2026-05-27

US Mortgage Bankers Association 30-year fixed mortgage rate 6.65% week ended May 22; prior 6.56%

US Mortgage Bankers Association 30-year fixed mortgage rate 6.65% week ended May 22; prior 6.56%
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