Real-time News

July 21 – According to data from the U.S. Department of Energy, U.S. strategic petroleum reserves fell by approximately 5.1 million barrels last week, dropping to 311.4 million barrels, the lowest level since March 1983. It is understood that since the U.S.-Israel military action against Iran at the end of February, as of July 17, U.S. strategic petroleum reserves have cumulatively decreased by 104.04 million barrels.

The British government has appointed Ed Miliband as Foreign Secretary and Shabana Mahmoud as Home Secretary. Louise Hague has been appointed First Secretary of State.

The UK Prime Minister's Office: Prime Minister Burnham and European Commission President Ursula von der Leyen agreed that their teams should work closely together to prepare for the UK-EU summit later this year.

Warner Bros. Discovery Inc. (WBD.O) and Paramount Pictures Inc. (PSKY.O) extended their losses during the session, currently down 1.38% and 1.66% respectively.

The Federal Reserve accepted a total of $30 million from six counterparties in its fixed-rate reverse repurchase operations.

British government: MP John Healy has been appointed Chancellor of the Exchequer.

Chevron (CVX.N): Production on the Petronius offshore platform was shut down and some personnel were evacuated due to the impact of a tropical depression, but production at other Gulf of Mexico assets remained normal.

A U.S. judge has temporarily halted the deal between Paramount and Warner Bros. Discovery Inc. (WBD.O).

Ukrainian President Volodymyr Zelensky: He spoke with British Prime Minister Burnham and reached a consensus on holding a meeting soon to further deepen bilateral cooperation.

On July 21, the Russian Foreign Ministry announced that Russian Foreign Minister Sergey Lavrov and North Korean Foreign Minister Choe Son-hui held the third round of strategic dialogue at the Russian-North Korean foreign ministers' level in Moscow. Russia and North Korea agreed that the continued deterioration of tensions in Northeast Asia and globally stems from a series of irresponsible actions taken by the United States and its allies.

A UN spokesperson said the Houthi rebels' blockade of Saudi Arabia could trigger a wider regional conflict.

British Prime Minister Burnham: The UK is committed to ensuring safe navigation in the Strait of Hormuz.

Ukrainian President Volodymyr Zelenskyy spoke with British Prime Minister Burnham.

Former British Defence Secretary John Healy has entered 10 Downing Street and is expected to be appointed to a cabinet position.

AMC Theatres (AMC.N) extended its gains, currently up 21.7%.

U.S. strategic petroleum reserve crude oil inventories fell by about 5.1 million barrels last week to 311.4 million barrels, the lowest level since 1983.

SpaceXAI: Grok for Excel is a free Microsoft 365 add-in.

US President Trump: Urges House Republicans to vote in favor of budget bill this week.

British Science Secretary Kendall has announced his resignation.

The German DAX 30 index closed up 16.86 points, or 0.07%, at 24,844.98 on Monday, July 20; the UK FTSE 100 index closed down 79.61 points, or 0.75%, at 10,520.76 on Monday, July 20; and the French CAC 40 index closed up 1.30 points, or 0.02%, at 8,340.11 on Monday, July 20. The Stoxx 50 index closed down 4.12 points, or 0.07%, at 6226.75 on Monday, July 20; the Spanish IBEX 35 index closed down 19.45 points, or 0.10%, at 19197.45 on Monday, July 20; and the Italian FTSE MIB index closed down 35.28 points, or 0.07%, at 51847.00 on Monday, July 20.