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Real-time News
Iranian Foreign Minister: A productive phone call was held with the Omani Foreign Minister, reiterating that Iran and Oman will engage in dialogue "to determine the future administration and maritime services of the Strait of Hormuz".
On June 25, a federal judge in the Boston area blocked President Trumps executive order aimed at tightening mail-in voting rules, preventing it from taking effect before the November election that will determine control of Congress. U.S. District Judge Indira Talwani supported the argument of a Democratic-led coalition of states that Trump was attempting to illegally interfere with states administration of federal elections. The judge pointed out that the president has no authority to compile voter lists for each state, and the U.S. Postal Service has no legal authorization to set binding mail-in voting rules. Under the U.S. Constitution, the responsibility for administering federal elections rests with the states.
Both WTI and Brent crude oil rose by $0.40 in the short term, currently trading at $71.87/barrel and $74.79/barrel respectively, with intraday gains of 2.0% and 1.83% respectively.
Crude oil futures contract 2608 rose during the session, with gains widening to 1.88%, and last quoted at 476.8 yuan/barrel; the trading volume was approximately 11.722 billion yuan, with nearly 400 lots of open interest decreasing during the day, showing a trend of rising prices with reduced open interest.
The UKs Office for Maritime Trade Operations reports that a cargo ship was attacked by unidentified munitions near Oman. The captain reports no casualties and no environmental impact.