WTI Oil falls as fragile Iran-US talks, weak US sentiment cap gains

WTI Oil falls as fragile Iran-US talks, weak US sentiment cap gains

West Texas Intermediate (WTI) US Oil trades around $92.55 at the time of writing on Friday, down 3.28% on the day, marking a notable pullback after reaching recent highs earlier in the week. This move comes as markets reassess expectations for a swift de-escalation in tensions between Iran and the United States (US). Iran’s Foreign […]

Revenue resilience after IEEPA ruling – Standard Chartered

Revenue resilience after IEEPA ruling – Standard Chartered

Standard Chartered economists Dan Pan and Steve Englander assess the impact of the United States (US) Supreme Court’s IEEPA ruling on US tariff revenue. They note that tariff income has fallen but remains well above pre-Liberation Day levels. The report highlights temporary support from Section 122 tariffs and potential further declines as remedies expire and […]

Iran’s Araghchi tours three capitals; is Trump boxed in?

Iran’s Araghchi tours three capitals; is Trump boxed in?

Iran’s Foreign Minister Abbas Araghchi landed in Islamabad on Friday evening to open the long-delayed second round of talks with the US, and special envoy Steve Witkoff and senior adviser Jared Kushner are due in on Saturday morning. The optics point to a breakthrough, but the substance is thinner than the headline suggests. Both sides […]