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International Oil Prices Declined In The Short Term, With Both WTI And Brent Crude Turning Lower; U.S. Stock Index Futures Rose, With NASDAQ 100 Futures Up 0.5% And S&P 500 Futures Up 0.2%. On The News Front, Pakistan Signaled Progress In U.S.-Iran Negotiations, Stating That The Parties Are “close To Reaching Some Kind Of Arrangement.” “Developments Are Moving In The Direction Of Peace.”
WTI Crude Oil Fell Back Below $81 Per Barrel, With A Short-term Drop Of $1.50, Down 0.55% On The Day
According To Iran's Mehr News Agency: Pakistan's Interior Minister Has Arrived In Tehran For Talks
Pakistan Has Stated That Signals From The United States And Iran Indicate That The Two Sides Are "close To Reaching Some Kind Of Agreement."
The UK Maritime Trade Organization Has Received Reports Of An Incident In Mocha, Yemen. A Cargo Ship Was Attacked By An Unidentified Missile, Resulting In Casualties
Morgan Stanley: If U.S. Inflation Cools Less Than Expected, Concerns About Further Rate Hikes Could Intensify
Market News: Houthi Militants Clashed With Yemeni Forces In The Balakh Region, Resulting In More Than 15 Houthi Casualties
The Turkish Presidential Palace Announced That Palestinian President Mahmoud Abbas Will Pay An Official Visit To Turkey From August 11 To 13, 2026. The Two Sides Will Exchange Views On The Latest Situation In Palestine, Bilateral Relations, And Regional Development
Market News: A Yemeni Government Drone Destroyed A Communications Station In Jabal Hiran, West Of Marib
Market News: Yemeni Forces Destroyed A Houthi Missile Launch Platform Located In Salwa, West Of Marib
An Informed Source Revealed That, For Security Reasons, The Ukrainian Air Defense Forces Have Stopped Disclosing The Number Of Missiles Russia Launched In The Attack
Brent Crude And U.S. Crude Gave Back Some Of Their Gains After A Qatari Government Spokesperson Said That Talks Between Oman And Iran Have Entered An Advanced Stage
Qatari Foreign Ministry Spokesperson: Qatar Supports Any Initiative That Ensures The Security Of The Strait Of Hormuz And Freedom Of Navigation, While Preventing It From Being Used As A Tool For Political Pressure
A Spokesperson For The Qatari Foreign Ministry Said: "We Hope The International Community Will Put Pressure On Israel To Push For The Implementation Of The Gaza Agreement."
Commerzbank: Raised Its Forecast For European Natural Gas Prices To €50/MWh By The End Of 2026, Up From Its Previous Forecast Of €45/MWh

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