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Brent three-month futures spread touched $2.36/bbl, the highest since June 16 — the day after the US and Iran signed a memorandum of understanding on a peace agreement.

2026-07-08

Brent three-month futures spread touched $2.36/bbl, the highest since June 16 — the day after the US and Iran signed a memorandum of understanding on a peace agreement.

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2026-07-08

OpenAI will publicly release its most powerful model, GPT-5.6, on Thursday after a US request delayed last month’s planned launch on national security grounds; the model had been available only to vetted partners and its details shared with US author

OpenAI will publicly release its most powerful model, GPT-5.6, on Thursday after a US request delayed last month’s planned launch on national security grounds; the model had been available only to vetted partners and its details shared with US authorities. Washington has tightened scrutiny of advanced model releases amid a global race to build frontier AI and warnings these systems could accelerate cyberattacks on complex legacy networks. ANTHROPIC disabled MYTHOS 5 and Fable 5 for all users on June 12 under a US export-control order; those restrictions were lifted last week after ANTHROPIC implemented safeguards. SpaceXAI said it will release Grok 4.5 the same day.
2026-07-08

Iran's foreign ministry said the US flagrantly breached an interim ceasefire by striking multiple monitoring and surveillance centers on Iran's southern coast, revoking a US Treasury license for Iranian oil sales last night, and violating Iran's arra

Iran's foreign ministry said the US flagrantly breached an interim ceasefire by striking multiple monitoring and surveillance centers on Iran's southern coast, revoking a US Treasury license for Iranian oil sales last night, and violating Iran's arrangements in the Strait of Hormuz. It said repeated illegal attacks on Iran, together with Israeli military action in Lebanon, are nullifying the ceasefire and warned the US bears responsibility for the dangerous escalation. The ministry urged all states, especially Gulf littoral neighbors, to prevent their territory or facilities being used to attack Iran, warned that assisting such attacks would constitute complicity, and said Iran's armed forces will defend its territorial integrity, sovereignty and security and repel aggression.
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