Oil Falls though U.S. Futures Unmoved as Bessent Says U.S.-Iran Deal in Sight
Oil prices pulled back on renewed optimism that the U.S and Iran were closing in on a deal that would reopen the Strait of Hormuz, but U.S. stock futures were largely flat.
Treasury Yields Can Keep Rising Even if the War Ends. It's About More Than Oil.
A decline in oil prices won't bring Treasury yields down much, because there was never a surge in long-term inflation expectations to begin with.
French Inflation Rises to More-Than Two-Year High as Energy Costs Intensify
