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
US heating oil futures rose nearly 3% toward $3.60 per gallon in early June, paring recent losses amid lingering uncertainty over a potential US–Iran peace deal that could ease supply constraints. The two sides were reportedly proposing adjustments to a draft deal to extend a ceasefire and restore access through the Strait of Hormuz, though meaningful progress remained unclear. Adding to uncertainty, tensions in Lebanon escalated, with Israeli advances and Hezbollah clashes raising spillover risks. Distillate exports from the region have been heavily disrupted since the conflict began in March, straining refinery operations and pushing heating oil futures to a record $4.60 per gallon that month. Reflecting tight supply conditions, US distillate inventories, including diesel and heating oil, fell by 2.107 million barrels in the week ended May 22, larger than the expected 1 million barrel decline.
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