Breaking
11:15 Houthi Missiles Hit Two Saudi Airports Including Riyadh, Killing Three · 10:25 Houthis Launch Ballistic Missile Strike on Riyadh Airport · 05:26 Houthis Launch Ballistic Missile Strike on Riyadh Airport · 03:45 CBS Footage Shows Iran "Completely Destroyed" US Base in Kuwait Early in War · 02:55 Pentagon Orders CENTCOM to Prepare Large-Scale Iran Strike Before Midterms · 22:45 US Lost Up to 12 F-15Es Against Iran, Congressional Report Finds · 21:07 FlyDubai Co-Pilot Planned Israel Attack on Earlier Flight, Investigation Finds · 21:06 Houthis Kill Three Civilians in Strikes on Saudi Arabia's Abha and King Khalid Airports · 02:45 Venezuela's Second-Largest Oil Refinery Explodes, Halts Operations · 21:45 Former German Intelligence Chief Arrested for Treasonous Espionage ·
Thu · 08 Oct 2026

Oil and Dollar Pull Back as Markets Price Ceasefire Signal Over Supply Reality

Share
Oil and Dollar Pull Back as Markets Price Ceasefire Signal Over Supply Reality

📉 MARKETS — Oil declining while Hormuz stays mined and Yanbu is struck. 📌 LOOK CLOSER: Oil pulling back despite no change in physical supply means traders are pricing Trump's ceasefire signal, not fundamentals. With Hormuz mined and Yanbu struck, the dip is sentiment-driven and fragile. Dollar easing confirms it: haven demand drops when markets briefly believe the off-ramp. One event collapse and both reverse hard.

Read more