June 17, 2026
Apache shot down by Iran on Jun 9 was involved in ship-to-ship transfer mission
Brent settled at $78.96 a barrel and WTI settled at $76.05
"Countries, whether large or small, strong or weak, developed or developing, are equal members of the international community," the foreign minister says
"The lack of details especially on freedom of shipping is a concern but not one that should constrain markets today,” one analyst says
A strategist in Singapore says that trimming positions on tech stocks might be prudent, especially in the face of a re-escalation of the Iran war
Such severe sanctions that target populations indiscriminately are incompatible with basic principles of international human rights law, Volker Turk says
Inflation outpaces wage growth for a second consecutive month, which could weigh on overall economic growth
Analysts cautioned the bounce was narrowly based with 60% of the S&P 500 finishing in the red overnight even as the overall index edged up