opec+ said sunday it will slightly increase crude production in june. the move is mostly symbolic — the real constraint on global supply is the ongoing war with iran, not opec+ quotas. the group's announcement doesn't change that bottleneck meaningfully.
source: marketwatch_top
sentiment: -0.20 · impact: 0.60
iran warned the us navy not to enter the strait of hormuz. the threat came after donald trump said america would "guide" stranded ships through the waterway. no further details on timing or response were given. source: ft_home sentiment: -0.60 · impact: 0.90
european markets opened mostly positive monday, with the stoxx 600 up 0.1% by 8am london. the ftse 100 was closed for a bank holiday. france's cac 40 slipped 0.1%, while germany's dax gained 0.1% and italy's ftse mib led with a
india is burning more coal as a heatwave and the iran war squeeze energy supplies. coal-fired power generation hit 164.9 average gigawatts in april, up from 160.7 last year — a sequential rise of 3.5%. more than 70% of india's power comes from coal, and experts
fifa is paying out nearly $900 million to teams at the 2026 world cup — the most in history. the total distribution comes to $871 million, including $16 million set aside for delegation costs and team ticket allocations. every team that qualifies will get at least $12.5 million. that breaks
