Daily brief
Oil and gold prices fell as markets monitored the possibility of US-Iran talks, with the prospect of diplomatic engagement easing supply disruption fears. The decline in oil supported gains in some stock markets, such as Pakistan's PSX which rose over 2,400 points. The US dollar traded steadily as investors weighed reduced Middle East tensions against uncertainty over whether talks would occur. The International Energy Agency said the Iran war is causing the biggest energy crisis in history.
The US imposed new curbs against suppliers of weapons to Iran.
The world's top condom maker Karex announced sharp price increases due to Iran war supply chain strains.
Iran resumed domestic flights after a 50-day suspension.
An Iranian tanker reportedly slipped past the US blockade despite warnings.
by WorldBrief & Maksim Micheliov | AI-generated summary