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Oil jumps, risk assets fall as Trump threatens further strikes on Iran, says MOU is "dead"

If there's a silver lining, it's that the "MOU is dead" line wasn't repeated to NATO members, according to Macron

Adam Button

Commodities

Oil prices jump as Trump says that Iran ceasefire deal is over

Trump says that it is a waste of time in dealing with Iran

Justin Low

News

Trump says Memorandum of Understanding with Iran is over, don't want to engage with them

Trump says the MoU with Iran is over for him and he doesn't want to engage with them as they are sick people

Giuseppe Dellamotta

News

News

China reportedly decides to lift restrictions on refined fuel exports for the rest of July

The timing of this is rather interesting though

Justin Low

Commodities

Commodities

Iran vows crushing response as CENTCOM says US hit over 80 targets

Iran says the ceasefire is dead in all but name, and the US says it hit more than 80 targets proving the point.

Eamonn Sheridan

Commodities

Khormuj missile site attack 08 July 2026

Commodities

Ongoing US attacks on Iranian targets, Khormuj missile site, Qeshm Island, Kharg Island

The US said strikes would be continuing. They are.

Eamonn Sheridan

Commodities

Commodities

ICYMI - China buys 26 million barrels of Gulf crude as Saudi discount deepens

China is buying deep into the Gulf discount just as Germany rebuilds its own reserves.

Eamonn Sheridan

Commodities

Commodities

Germany moves to refill diesel reserves and build new gas stockpile

Germany is stockpiling diesel and gas for the next crisis, one hopes not this one.

Eamonn Sheridan

Commodities

US strikes on Iran to continue for hours as Hormuz traffic halted

Strikes grind on, Hormuz traffic may be frozen, and now Kuwait's grid is flickering too.

Eamonn Sheridan

Commodities

Commodities

Warnings that ceasefire in danger unless Iran stops blocking Strait of Hormuz

Washington says this round of strikes is bigger, punitive, and not close to over.

Eamonn Sheridan

Commodities

Commodities

US equites have reopened lower as US military strikes Iran again

Oil up, risk down

Eamonn Sheridan

Commodities

Commodities

US military confirm "have begun launching a series of powerful strikes against Iran"

US counter strikes in response to Iranian attacks on commercial shipping in Strait of Hormuz, The ceasefire cracks, and oil snaps back as the US hits Iran in response.

Eamonn Sheridan

Commodities

Commodities

Reports of explosions on Iran's coast, Strait of Hormuz

Explosions reported in port city of Sirik

Eamonn Sheridan

Commodities

investingLive.con oil analysis today 07 July 2026

Commodities

Oil: Private survey of inventory shows a headline crude oil draw smaller than expected

This is from the privately surveyed oil stock data ahead of official government data tomorrow morning out of the US.

Eamonn Sheridan

Commodities

Commodities

US Treasury revokes June 21 Iran oil sanctions waiver

The moves looks like a response to Iran attacking ships near Oman

Adam Button