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Markets Steady as Oil Rises on Middle East Tensions URL Slug

Markets are mixed this morning, with oil climbing on renewed Middle East tensions while equities hold steady ahead of a pivotal week for earnings and central bank signals. Global markets opened cautiously today as geopolitical tensions and stalled Iran peace talks pushed oil prices higher, keeping investors on edge. S&P 500 futures hovered near flat , while Nasdaq-100 futures ticked up 0.2% and Dow futures slipped slightly . The backdrop remains dominated by uncertainty in the Strait of Hormuz, where fresh disruptions have lifted crude benchmarks. Oil markets are firming , with West Texas Intermediate climbing above US$96 per barrel and Brent surpassing US$107 , reflecting supply concerns tied to regional instability.  On the corporate front, investors are bracing for a heavy week of earnings from major tech names—five of the “Magnificent Seven” report in the coming days—adding to market sensitivity. Meanwhile, attention is turning to the Federal Reserve’s upcoming policy ...
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EU Prepares for Potential Trade Retaliation Against US Tariffs

The European Union has announced its readiness to counteract U.S. tariffs with a robust plan, should the need arise. Speaking to the European Parliament, Ursula von der Leyen, President of the European Commission, emphasized the EU's preference for a negotiated solution but affirmed its preparedness to protect its interests, citizens, and businesses if necessary.

The U.S. administration, under President Donald Trump, has recently imposed tariffs on steel and aluminum imports, with additional duties on cars expected soon. Von der Leyen criticized these measures, highlighting their potential to fuel inflation and increase costs for American industries. She also underscored the importance of diversifying trade and removing internal barriers within the EU's single market to strengthen its economic resilience.

While the EU remains open to dialogue, von der Leyen assured lawmakers that all necessary instruments are on the table to respond decisively if required. The bloc's strategy reflects its commitment to safeguarding its economic stability and maintaining a balanced global trade environment.

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