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Investing.com -- OPEC maintained its projection for strong global oil demand growth through 2030 and raised its longer-term outlook on Thursday, pointing to policy changes worldwide that favor oil consumption.

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Investing.com -- Bank of America upgraded ExxonMobil shares to Buy from Neutral, arguing that the stock’s pullback from its highs has left it trading at an attractive valuation regardless of whether a peace deal between the U.S. and Iran materializes.

Investing.com -- The United States and Iran agreed to a preliminary peace deal on Monday according to statements by leaders and other officials of the two countries, potentially ending the military conflict of nearly four months that disrupted global commerce and sent shockwaves through the markets.

Investing.com -- A potential U.S.-Iran peace deal may not deliver the interest rate relief that Treasury markets priced in Thursday, BofA Securities said in a recent note, warning that moderately higher oil prices could push the Federal Reserve toward hikes rather than cuts.

Investing.com -- OPEC crude production fell in May to its lowest level in at least 37 years as a US blockade of Iran and disruptions in the Persian Gulf continued to limit output, according to a Bloomberg survey released Friday.

Investing.com -- The European Union has put forward a proposal for its Aspides naval mission to assume "the primary role" in clearing mines in the Strait of Hormuz "when conditions allow" as part of a Franco-British-led initiative, according to a Reuters report Wednesday citing an internal document dated May 26.

Investing.com -- Federal Reserve Governor Lisa Cook said Wednesday that the central bank should keep short-term interest rates unchanged for now but stands ready to raise them if inflation does not ease as expected.

Investing.com -- The Federal Reserve should shift closer toward hiking interest rates as rising consumer prices become the dominant threat to the economy, according to Citadel Securities.

Investing.com -- US President Donald Trump’s May 13–15 visit to China concluded with a "constructive strategic stability" framework and a commitment to step up communication channels between Washington and Beijing.

Investing.com -- Iran is in discussions with Oman to establish a permanent toll system for maritime traffic passing through the Strait of Hormuz, according to Iran’s ambassador to France, Mohammad Amin-Nejad.

Investing.com - NATO is discussing potential military assistance for ships passing through the blocked Strait of Hormuz if the waterway remains closed by early July, according to a report from Bloomberg News, citing alliance sources.

Inbesting.com -- Canada’s annual inflation rate accelerated less than anticipated in April as underlying price pressures showed signs of cooling. According to data from Statistics Canada, the consumer price index rose 2.8% from a year earlier, marking its fastest pace since May 2024 but falling short of the 3.1% rate economists surveyed by Bloomberg expected. Higher energy prices, particularly for gasoline, served as the primary driver behind the acceleration in the headline figure. Geopolitical

Investing.com -- Global equities are trading at highs even as the Straits of Hormuz remain closed, and the growth-inflation mix deteriorates, a situation Goldman Sachs says is explained primarily by corporate earnings.

Investing.com -- A major liquidation event targeting long orders flushed massive leverage across the digital asset market overnight, forcing Bitcoin down near the $78,000 mark. The world’s leading crypto was trading at $78,030.1 as of 05:51 ET (09:51 GMT).

Investing.com -- Morgan Stanley expects the Federal Reserve to hold interest rates through the rest of 2026 before beginning a gradual easing cycle in 2027, with the bank's mid-year outlook resting on fading tariff passthrough and limited spillover from higher oil prices into core inflation.

Investing.com -- Treasury Secretary Scott Bessent said Thursday he anticipates price pressures will ease soon despite universally negative recent inflation data, predicting one or two more "hot inflation numbers, but then I think we're going to see substantial disinflation."

Investing.com -- Wolfe Research is warning that global central banks could be heading toward a policy split with the Federal Reserve, with the Bank of Japan emerging as the most important variable to watch in the months ahead.

Investing.com -- Venezuela announced Wednesday that it has started a comprehensive process to restructure its sovereign and state oil company debt, following the lifting of U.S. sanctions earlier this year.

Investing.com -- Electric-vehicle maker Polestar said Thursday that rising fuel prices have shifted consumer focus from "range anxiety" to "pump anxiety" as a Middle East crisis drives up global energy costs.

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Investing.com -- Australia's government has outlined a scenario in its annual budget where escalating conflict in Iran could push oil prices to $200 per barrel and trigger a global economic crisis.

Investing.com -- OPEC crude production dropped by 830,000 barrels per day in April to 20.04 million bpd, marking the lowest output in more than 20 years.

Investing.com -- Secretary of State Marco Rubio said Friday that the United States expects to receive a response from Iran regarding negotiations, stating "we should hear something today."

Investing.com -- The global economy has proven more resilient than many feared in the wake of the Strait of Hormuz closure, but BCA Research is warning that the window for avoiding a recession is narrowing fast.

Investing.com -- One Iranian oil tanker may have slipped through a US blockade of Persian Gulf shipping, according to TankerTrackers.com, a firm that monitors vessel movements using satellite imagery.

Investing.com -- JPMorgan strategist Mislav Matejka urged investors to look past near-term geopolitical turbulence and use market weakness as a buying opportunity, arguing in a note that the risk of a prolonged stagflationary shock is overstated.

Investing.com -- New York Federal Reserve President John Williams said on Monday that U.S. monetary policy is well positioned to handle economic uncertainty stemming from the war in the Middle East, though he warned that risks to both sides of the central bank's mandate have increased.

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