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WTI Crude Oil Falls 4%  as Iran Deal Progress and Hormuz Shipping Data Signal Supply Recovery

WTI crude oil's 4% decline to near $74.3 per barrel on Monday reflects the market's ongoing reassessment of the supply outlook as the US-Iran diplomatic process moves from framework signing toward structured implementation. The Lake Lucerne Summit's confirmation of a 60-day roadmap toward a …

Nitish Kishor | 22 June 2026

Rubber Consolidates Near 2.5-Year High as Iran Deal Optimism and El Niño Supply Risk Support Prices

Rubber prices consolidated near their highest level since late 2023 on Monday as two distinct risk factors supported sentiment simultaneously. The progress in US-Iran negotiations at the Lake Lucerne Summit reduced the broader commodity risk premium, improving the macro backdrop for industrial materials, while …

Nitish Kishor | 22 June 2026

Lithium Carbonate Slides to 10-Week Low as CATL Jianxiawo Mine Restart Speculation Weighs on Prices

Lithium carbonate prices in China declined to their lowest level in ten weeks on Monday as market participants responded to a government land assessment notice related to Contemporary Amperex Technology's Jianxiawo mine in Jiangxi province, which was suspended last year due to permitting issues. …

Nitish Kishor | 22 June 2026

Palladium Hovers Near 8-Month Low as Iran Deal Progress, Energy Relief, and EV Structural Shift Weigh on Prices

Palladium's proximity to an eight-month low on Monday reflects a convergence of short-term and structural negative factors that are difficult to offset without a significant new positive catalyst. The US-Iran negotiation progress that eased supply disruption fears through key Persian Gulf shipping routes removed …

Nitish Kishor | 22 June 2026

British Pound Nears Year-to-Date Low as Starmer Resignation Triggers Fiscal Policy Uncertainty

Sterling's decline toward $1.32 on Monday reflects a market assessment that Starmer's resignation introduces a meaningful probability of fiscal policy loosening under his successor. Andy Burnham, who won the Makerfield by-election last week and is widely seen as the frontrunner for the Labour leadership, …

Nitish Kishor | 22 June 2026

Starmer Resigns as UK PM, Trump Issues Iran Warning and Memory Stocks Hit New Highs on AI Demand: 7 Reads Before Monday's Bell

Thursday's session closed at S&P 500 +1.08% (7,500.58) and Nasdaq +1.91%, but futures are little changed Monday morning as investors weigh Iran deal durability.

Nitish Kishor | 22 June 2026

Sable Offshore (NYSE: SOC) Amends ExxonMobil Loan and Cuts New Debt Target to $775 Million

Sable Offshore Corp (NYSE:SOC) and ExxonMobil Corporation (NYSE:XOM) entered into an amendment to their senior secured term loan agreement on June 22, 2026, extending the loan's maturity date to July 24, 2026, while also agreeing to a limited waiver of the company's plugging and …

Nitish Kishor | 22 June 2026

Rocket One (NASDAQ:RKTO) Launches AI Platform for Counter-Drone Warfare

Rocket One Inc. (NASDAQ:RKTO) launched Swarm Stage AI on June 22, marking its entry into autonomous defence systems and expanding its exposure to military, infrastructure and space-security markets.

Nitish Kishor | 22 June 2026

Rayonier Advanced Materials (NYSE:RYAM) Rises Pre-Market as New CEO Accelerates Strategic Alternatives

Rayonier Advanced Materials Inc. (NYSE:RYAM) moved higher in pre-market trading after appointing Daniel M. Krawczyk as president and chief executive officer, effective immediately.

Nitish Kishor | 22 June 2026

Why Ligand Pharmaceuticals (NASDAQ: LGND) Stock Fell 3% After Announcing $550 Million Convertible Notes Offering

The biotechnology-focused royalty and licensing company said the notes will be offered in a private placement to qualified institutional buyers under Rule 144A of the Securities Act. Ligand Pharmaceuticals (NASDAQ: LGND) also expects to grant initial purchasers a 13-day option to acquire up to …

Nitish Kishor | 22 June 2026
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