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REVEALED: 57 | Vintage Vibes

Gas expansion in the guise of security: Is Europe making the energy crisis permanent?

Flexible power and energy security are being used to lock Europe deeper into fossil fuels, a new report warns.

Euronews

Asian shares retreat in thin holiday trading after a tech-led rally on Wall St

Shares have retreated in Asia after U.S. stocks recouped most of their losses from a day earlier

AAP

'Black Rain' Falls Over Moscow After Ukrainian Drone Strike Hits Oil Refinery 15km From Kremlin

A Ukrainian drone strike on Moscow's oil refinery caused soot fallout across the city, raising environmental concerns. The attack is part of ongoing military operations between Russia and Ukraine.

International Business Times UK

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Ukraine-Russia war latest: Fuel sales halted after Kyiv strikes both sides of Crimean bridge

Fuel supplies in occupied Crimea have been restricted to essential government agencies

The Independent UK

Black rain in Moscow after Ukrainian drone strike damages oil refinery, Zelenskyy says if Ukraine burns so will Moscow

Ukraine launched a massive drone attack on Russia, hitting a refinery in Moscow. Residents reported black residue falling from the sky. Authorities advised people to stay indoors. The attack damaged the refinery and caused fires. Russia intercepted hundreds of drones. This strike is seen as a response to an earlier…

The Economic Times

Global Markets: Central banks stay vigilant despite oil price relief after US-Iran truce

Global central banks remain cautious despite easing oil prices following the US-Iran truce. While lower energy costs ease inflation fears, G10 policymakers continue to signal possible rate hikes if price pressures persist. Diverging monetary paths across the US, Europe and Asia highlight an ongoing global fight against inflation.

The Economic Times

Ample world inventories may soften El Nino food supply shock

A potential super El Niño is expected to disrupt global weather patterns and threaten agricultural output in the coming months, but large existing food inventories and strong harvests in key producing regions may soften the impact.

The Economic Times

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Iran-US war latest: Trump warns Tehran ‘we will take over your country’ if the Strait of Hormuz is closed

US president’s threats come as Vance joins other US officials in Zurich to hammer out peace deal terms with a battery of Tehran's leaders

The Independent UK

Global stocks dip after US-Iran peace talks delay

World shares have fallen into negative territory and oil has erased its earlier losses after the US and Iran called off planned negotiations in Switzerland.

AAP

US-Iran war: There are many questions about the peace deal. Here are (some) answers.

US-Iran deal: A new agreement between the United States and Tehran aims to end the war and reopen the vital Strait of Hormuz. Sanctions on Iran will be eased, and nuclear talks will restart. A 60-day deadline is set for these crucial steps. However, many significant issues from the recent…

The Economic Times

Oil Price Today (June 19): Crude oil falls, heads for 9% weekly loss as shipping in Hormuz Strait begins. What are experts saying?

Brent crude slipped toward $79 a barrel and is down more than 9% for the week. West Texas Intermediate for August was trading near $76 a barrel. This comes after tankers carrying previously stranded cargoes started moving through the waterway on Thursday, while Kuwait said it would begin increasing production.

The Economic Times

Tories in ‘seismic’ by-election win as Flynn calls for SNP reflection

The SNP’s vote almost halved compared to the 2024 election.

Evening Standard

Scottish Conservatives win first Westminster by-election in more than 50 years

Douglas Lumsden said it was a ‘seismic’ victory after claiming the seat in the early hours of Friday morning

The Independent UK

Oil falls as supply starts moving through Strait of Hormuz

Oil prices dipped Friday as tankers resumed passage through the Strait of Hormuz following a U.S.-Iran peace deal. The agreement is expected to release millions of barrels of oil and lift sanctions, increasing global supply. While some producers are ready to resume exports, ongoing conflict in Lebanon casts doubt on…

The Economic Times

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AAP

White House postpones sending Vance to Switzerland for talks with Iran negotiators

The White House says Vice President JD Vance isn't leaving Thursday for Switzerland to lead a new round of talks with Iran about its nuclear program, citing difficult logistics for negotiations meant to add details to an agreement signed by President Donald Trump a day ago

The Economic Times

Global Market Today: Asian stocks hit record highs, oil heads for weekly loss

Asian stocks reached a record high, fueled by optimism that the reopening of the Strait of Hormuz will normalize oil flows and ease inflation. This development, coupled with positive semiconductor news, boosted investor confidence. Lower energy costs are also easing concerns about future interest rate hikes.

The Economic Times

GIFT Nifty signals muted start for Dalal Street amid cautious trade

Indian markets showed strength on Thursday, with the Nifty gaining 82 points. Investor sentiment was boosted by falling crude oil prices and a stable rupee. Optimism about a potential US-Iran agreement also supported the market. Indian equities are expected to continue their upward trend. The India VIX, a fear gauge,…

Bangkok Post

Officials offer advice to prevent panic buying of fuel

Policymakers should prioritise managing public sentiment during potential energy crises, warning that panic buying can be more disruptive than actual fuel shortages, says an energy analyst.

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Bangkok Post

Business sector welcomes Iran pact

Businesses and economists took a deep breath after the US and Iran signed off on a deal to end their war and reopen the Strait of Hormuz, lifting optimism as oil prices fell, which could ease inflation and support potential economic growth.

AAP

US gas prices dip below $4 for 1st time since March but remain 25% higher than last year

U.S. gas prices have fallen to just below $4 a gallon on average, bringing some relief to drivers who have seen soaring costs amid Washington's war with Iran

AAP

AAP Rolling News Bulletin June 19, 0730

AAP Rolling News Bulletin for June 19 at 0730

AAP

AAP Rolling News Bulletin June 19, 0700

AAP Rolling News Bulletin for June 19 at 0700

International Business Times UK

Trump Warns of Fuel Collapse Without Iran Deal Weeks After Boasting US 'No Longer Needs Middle Eastern Oil'

President Trump warns of a global oil crisis at the G7 summit, contradicting earlier claims of US energy independence. The crisis stems from Iranian disruptions and declining US oil reserves.

Barchart

Cotton Close Mostly Weaker Heading into the Long Weekend

Cotton futures posted 4 to 85 point losses in most contracts on Thursday, as July was still up 311 points this week. Crude oil was down another 17 cents/bbl to $76.64. The US dollar index was up another $0.710 at $100.800. The market and government will take Friday off in...

Barchart

Stocks Sharply Higher as US-Iran Peace Deal Eases Inflation Risks

The S&P 500 Index ($SPX ) (SPY ) on Thursday closed up +1.08%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +0.14%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +2.48%. September E-mini S&P futures (ESU26 ) rose +1.15%, and September E-mini Nasdaq futures...

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