EUR/USD
1.18945
-0.152%
Gold
5025.26
-0.651%
Oil
64.030
-0.386%
USD/JPY
154.384
-0.963%
GBP/USD
1.36416
-0.394%
GBP/JPY
210.592
-1.349%
Real-time News
US President Trump: Iran wants a deal, and it would be foolish not to.The U.S. Treasury Department authorized Venezuelas state-owned oil company (PDVSA) to conduct certain activities in Venezuela.Conflict Situation: 1. According to RIA Novosti: Russian troops have taken control of the Zalitznichny region of Zaporizhia, Ukraine. 2. Russia stated that one of the two external power lines supplying the Zaporizhia nuclear power plant has been cut off. 3. Ukrainian energy company DTEK stated that the Russian attack damaged its energy facilities in the Odessa region. Peace Negotiations: 1. Kremlin: The specific date for the next round of negotiations on the Ukraine issue has not yet been set. 2. Kremlin spokesman Peskov: There is a possibility that Russia and France can quickly establish a high-level dialogue. 3. EU High Representative for Foreign Affairs and Security Policy Kalas said on Tuesday that a list of concessions demanded from Russia will be drafted as part of resolving the conflict in Ukraine. Other Situations: 1. US Treasury Secretary Bessenter: Optimistic about the situation in Russia and Ukraine. 2. Zelensky signed a presidential decree allowing contract-based military service for personnel over 60 years of age. 3. US Trade Representative Greer: India has begun to gradually reduce its energy purchases from Russia. 4. Kremlin: Russian President Putin and the South African President discussed the Ukraine issue.The API crude oil inventory data for the week ending February 6 will be released in ten minutes.February 11th - According to the Wall Street Journal, Trump administration officials have discussed whether to seize more oil tankers carrying Iranian oil to further pressure Tehran. However, due to concerns about a near-certain Iranian retaliation and its impact on the global oil market, US officials stated that no action has been taken yet. If the US takes action to prevent other sanctioned vessels from loading oil in Iran, it will squeeze Tehrans main source of revenue. This move would expand the White Houses aggressive strategy implemented in the Caribbean last December. However, some officials say that this option, as one of several ways the White House is pressuring Tehran to reach an agreement limiting its nuclear program, faces numerous obstacles, with seizures even being seen as an act of war. In response to the escalating US strikes, Iran is likely to retaliate by seizing oil tankers belonging to US allies in the region, or even laying mines in the Strait of Hormuz. Either move could cause a sharp rise in oil prices and risk a political storm for the White House.
