Trump’s Iran Ultimatum, UK Posts Biggest Ever Budget Surplus | The Opening Trade 2/20/2026

GOOD MORNING. IT IS FRIDAY, FEBRUARY 20. PRIVATE CREDIT CRACKS AND IT'S A BIG DAY TODAY IN THE U.S..GUY: BRENT CRUDE IS UP BY ANOTHER .5%. 7202. MOVING AWAY FROM WTI. DUBAI IS MOVING AWAY FROM BRENT.THE STORY OUT OF THE OIL MARKET IS OF SIMMERING CONCERN ABOUT WHAT IS HAPPENING AND WHAT COULD HAPPEN THIS WEEK AND WITH IRAN. U.S. STOCK FUTURES HIGHER THIS MORNING UP BY AROUND .5% GOING INTO DATA IN THE U.S. LATER WITH EARNINGS TO FACTOR IN AS WELL. THE DOLLAR GETTING A LITTLE TRACTION.11757, DOWN ON EURO- ...