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June 18, 2026

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Oil

US using Iranian smuggling tactic to sneak oil out of the Gulf
US using Iranian smuggling tactic to sneak oil out of the Gulf

Apache shot down by Iran on Jun 9 was involved in ship-to-ship transfer mission

Oil prices fall 5% to 3-month low
Oil prices fall 5% to 3-month low

Brent settled at $78.96 a barrel and WTI settled at $76.05

Oil slides on Iran supply prospects
Oil slides on Iran supply prospects

"Countries, whether large or small, strong or weak, developed or developing, are equal members of the international community," the foreign minister says

Shares surge, oil slides on Gulf deal
Shares surge, oil slides on Gulf deal

"The lack of details especially on freedom of shipping is a concern but not one that should constrain markets today,” one analyst says

Shares retreat as techs extend losses
Shares retreat as techs extend losses

A strategist in Singapore says that trimming positions on tech stocks might be prudent, especially in the face of a re-escalation of the Iran war

White House defends Cuba sanctions
White House defends Cuba sanctions

Such severe sanctions that target populations indiscriminately are incompatible with basic principles of international human rights law, Volker Turk says

US inflation posts largest increase in 3 years
US inflation posts largest increase in 3 years

Inflation outpaces wage growth for a second consecutive month, which could weigh on overall economic growth

Asia stocks bounce on dip buying
Asia stocks bounce on dip buying

Analysts cautioned the bounce was narrowly based with 60% of the S&P 500 finishing in the red overnight even as the overall index edged up

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