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Brent crude oil fell back below $89 a barrel, down 4.74% on the day.

2026-06-10

Brent crude oil fell back below $89 a barrel, down 4.74% on the day.

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2026-06-10

The New York Times reports US and Iranian officials have a tentative framework for a nuclear deal that US aids say would stall Iran’s nuclear program for roughly 15 years, contingent on the IRGC and hardliners not ousting Iran’s chief negotiator or d

The New York Times reports US and Iranian officials have a tentative framework for a nuclear deal that US aids say would stall Iran’s nuclear program for roughly 15 years, contingent on the IRGC and hardliners not ousting Iran’s chief negotiator or derailing planned deeper talks in Switzerland this summer. Four principal items under discussion: 1) Long pause to uranium enrichment — US sought ≥20 years, Iran proposed 10 years, US officials say Iran may accept ~15 years. 2) Dilution of Iran’s existing enriched‑uranium stockpile — US would work with the IAEA; Iran says the US would be limited to observer status. 3) Dismantling nuclear facilities — US seeks removal of Natanz, Fordow and Isfahan; Iran has discussed dismantling two sites but insists on retaining one to demonstrate an asserted right to enrichment, a potential sticking point. 4) Acceptance of snap inspections — US seeks IAEA ability to carry out unannounced inspections anywhere in Iran; Iran’s willingness is unclear.
2026-06-10

London Metal Exchange inventories declined: nickel down 138 tonnes, lead down 825 tonnes, copper down 3,075 tonnes, tin down 50 tonnes, aluminum down 2,925 tons and zinc down 825 tons.

London Metal Exchange inventories declined: nickel down 138 tonnes, lead down 825 tonnes, copper down 3,075 tonnes, tin down 50 tonnes, aluminum down 2,925 tons and zinc down 825 tons.
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