S&P 500 — US Large Cap Index
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
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STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico Market
US gasoline futures fell to $2.82 per gallon, hovering near a four-week low as traders priced in improving supply prospects. Iran announced an agreement with Oman on a shipping route through the Strait of Hormuz, raising expectations of more energy flows through the key waterway. Iranian officials said a joint statement was being finalized, with the route expected to remain operational for two to four months. However, they stressed that the arrangement does not amount to a full reopening of the Strait. President Donald Trump also said talks with Tehran were ongoing. However, supply concerns persisted elsewhere. In Russia, diesel and gasoline exports plunged 60% in July after Ukrainian strikes disrupted refinery operations, prompting Moscow to extend its gasoline export ban through January 2027. Meanwhile, EIA data showed US gasoline inventories fell by 1.643 million barrels in the week ended July 31, exceeding expectations and leaving stocks 7% below the five-year seasonal average.
