1 Bloomberg: In many ways, it’s the only #market that matters right now: Crude #oil prices are headed for their biggest weekly surge since 2022 as the #war in the #MiddleEast disrupts #energy supplies. 🧵 #markets
2 Bloomberg: #Brent has rallied 18% this week, with #futures above $85 a barrel even after #Trump signaled “imminent action” to reduce pressure on prices, and the #TreasuryDepartment eased curbs on India’s ability to buy Russian #oil. 🧵
3 Bloomberg: #Gasoline futures in the US are up 27% this week and prices at the pump have surged. #Dieselfutures are headed for a weekly gain of more than 40%.