AI Bias Analysis
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Non-Iranian oil flows through the Strait of Hormuz have surged by about 50% so far this month, as more Persian Gulf producers find ways of transiting the waterway despite continued tension between Washington and Tehran.
Source
Bloomberg Markets
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Companies are upbeat about demand and capital spending, ICICI Securities says.
Copper rebounded from its lowest close since mid-May after President Donald Trump claimed the US was on the cusp of ending the war with Iran that’s threatening the global economy.
President Donald Trump pulled back threatened military strikes against Iran, a reversal that came after he vowed to hit the Islamic Republic “VERY HARD” and threatened to seize its oil infrastructure. Bloomberg's Jill Disis has the latest. (Source: Bloomberg)
Indonesian authorities will deploy thousands of police and soldiers ahead of a planned protest by students, who are angry at the rising cost of living and want President Prabowo Subianto to rein in big-ticket spending and revive the economy.
