Iran Attack in Strait of Hormuz Pushes Oil Prices Higher 
Gold Price Ends Lower for Fourth Week Despite Rebound as Fed Rate Hike Bets Strengthen 
Asian Stocks Slip as US-Iran Ceasefire Hopes Lift Oil, Dollar Strength Persists 
World Bank Approves $1.1 Billion Emergency Funding for Bangladesh Amid Food and Energy Price Pressures 
Japan Targets 1%+ Real Economic Growth With ¥370 Trillion Investment Plan 
Gold Drops Below $4,000 as Strong US Dollar and Fed Rate Hike Expectations Pressure Bullion 
US Dollar Slips After PCE Inflation Data as Fed Rate Hike Expectations Stay Elevated 
White House Seeks $87.6 Billion Emergency Funding for Iran War, Farmers, and Ebola Response 
US Stock Futures Rise as US-Iran Ceasefire Hopes Boost Market Sentiment 
China Factory PMI Seen Returning to Growth in June as AI Export Demand Supports Economy 
China Sets 1.25% Overnight Reverse Repo Rate Below Market Expectations 
Asian Currencies Trade Mixed as Yen Hovers Near 40-Year Low, Dollar Holds Firm on Fed Outlook 
Bank Regulation Rollbacks in the U.S. and UK Could Increase Financial Risks, Study Warns 
Asian Stocks Sink as Apple Price Hikes Spark AI Valuation Fears, South Korea and Japan Lead Selloff 
Trump Threatens 100% Tariffs on Countries Imposing Digital Services Taxes on U.S. Tech Firms 
Oil Prices Drop as Middle East Supply Recovery Eases Market Concerns 
Oil Prices Rebound as Strait of Hormuz Tensions Return After Ship Attack Near Oman 
Oil prices declined for a second straight day as concerns over U.S. tariffs on Canada, Mexico, and China fueled fears of a global economic slowdown, impacting energy demand. Meanwhile, OPEC+ is set to increase oil production, adding further pressure on prices.
Brent crude fell 0.42% to $68.99 per barrel, while U.S. West Texas Intermediate (WTI) dropped 0.55% to $65.67. Market uncertainty surged as U.S. President Donald Trump’s trade policies disrupted global markets. His administration has imposed, delayed, and raised tariffs on major oil suppliers, prompting retaliatory actions from China and Canada. Trump acknowledged the possibility of an economic "transition period" but refrained from predicting a recession.
Investor concerns over slowing demand triggered a sell-off, with the S&P 500 suffering its biggest one-day drop since December 18. The Nasdaq plummeted 4%, marking its steepest decline since September 2022. Analysts fear continued tariff tensions could further weaken economic growth and energy demand.
On the supply side, Russia’s Deputy Prime Minister Alexander Novak confirmed that OPEC+ will boost oil production starting in April, with the possibility of reversing the decision if market conditions warrant. Meanwhile, U.S. crude stockpiles were expected to have risen last week, according to a Reuters poll. Reports from the American Petroleum Institute and the Energy Information Administration are anticipated to provide further insights.
The combination of trade tensions, stock market volatility, and increasing oil supply continues to drive uncertainty in global energy markets, keeping investors on edge.
