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
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico Market
Gasoline futures in the US climbed above $3.40 per gallon, reaching their highest level since May 22, as escalating strikes in the Middle East heightened concerns over disruptions to global refined fuel supplies. Iran declared the ceasefire with the US effectively over as both sides expanded attacks beyond military targets to critical infrastructure, dimming hopes of a return to the fragile truce. Meanwhile, Ukrainian strikes on Russian energy infrastructure continued to disrupt refinery operations. Refiners in the US and other regions also shifted production toward higher-margin diesel and jet fuel, reducing gasoline output. EIA data showed gasoline inventories fell by 1.5 million barrels in the week ending July 10, leaving stockpiles about 14 million barrels below their five-year seasonal average and at their lowest level for this time of year since 2012. The tighter market lifted the US gasoline crack spread to its highest level since June 2022.
