Middle East Oil Flows Near Pre-War Levels Amid Shipping Risks
Crude oil flows from the Middle East are nearing pre-war levels, according to estimates from JPMorgan Chase & Co. and Goldman Sachs Group Inc.
This news comes despite continued risks to shipping in the region.
The Federal Reserve's favored inflation gauge also showed a positive trend, along with earnings from Micron Technology Inc., which influenced US stocks and Treasuries.