Geopolitical Impact on Markets - Research indicates that since 1950, the S&P 500 has historically declined by approximately 4% within 15 days following significant geopolitical shocks, but tends to recover this loss within about a month [2] - Markets have become more resilient to geopolitical tensions over time, with dips becoming shallower, as these tensions are typically contained in nine out of ten instances [3] Market Performance and Trends - International markets have shown strong performance this year, significantly influenced by the dollar [5] - Emerging markets are up double digits in dollar terms this year, indicating a catch-up trade where the US market had previously dominated [9] - Latin American stocks have been the best performing globally this year, driven by more politically friendly leaders [11] Investor Behavior - Retail investors have been notably smart, buying during market dips, outperforming hedge funds [7] - Capital is beginning to diversify away from the US after 15 years of concentration [12] Economic Factors - The US economy has been relatively resilient this year [8] - Various countries are implementing economic reforms, stimulus measures, and interest rate cuts in response to tariffs and other headwinds [10]

>> GOOD MORNING, THIS IS BLOOMBERG "DAYBREAK EUROPE." I’M TOM MCKENZIE IN EUROPE. HOSTILITIES BETWEEN ISRAEL AND IRAN ENTER A FOURTH DAY, STOKING FEARS OF A WILDER WAR IN THE MIDDLE EAST. PRESIDENT TRUMP SAYS THE TWO SIDES PLAY NEED TO "FIGHT IT OUT" BEFORE A DEAL CAN BE REACHED.OIL SUSTAINS GAINS WITH A MARKET BRACING FOR REBUYCKS DUCTIONS. GOLD NEARS A HIGH. AND TENSIONS IN THE MIDDLE EAST AND GLOBAL TRAILED SET TO DOMINATE.GOOD MORNING. SO GEOPOLITICAL TENSIONS WITH THE FOCUS ON THE MIDDLE EAST CONTINUE ...

12 Jun 2025 15:07:47 ET │ 11 pages Oil Monitor Ongoing geopolitical tensions provide a selling/hedging opportunity V i e w p o i n t | CITI'S TAKE We are bearish on oil prices from current levels of $68-70/bbl Brent, expecting them to fall $60-65/bbl over the coming months, as oil fundamental pointing to a significant surplus during 2H'25, driven by OPEC+ returning its spare capacity to the market. We recommend producers take the opportunity to hedge into rallies related to any Israeli or US military action ...

Now, we're going to turn to more breaking news. The markets down this morning in the wake of Israel's strikes on Iran and renewed fears of a broader regional war after Iran's nuclear sites were targeted. You can see the Dow now down 661 points.Joining us now is NBC News senior business correspondent Christine Romans. What are the big takeaways emerging here. Which markets are we watching specifically.Which sectors. Well, spiking oil markets here is the really big thing to watch. And you see the stock market ...

Geopolitical Impact on Natural Gas Market - Middle East tensions highlight the importance of American energy and its role in global energy security [1] - American natural gas can replace energy from pro-dictator nations, fostering global stability, peace, and prosperity [2] - Geopolitical tensions are spiking, impacting trade dynamics [3] US LNG as a Strategic Tool - US LNG, as the number two export for America, is a key trading tool for strengthening international relationships and mitigating tariff impacts [4] - The current administration's support for US LNG is seen as a positive factor for stable trade and certainty for American business [4] - Leveraging US LNG can contribute to global peace and prosperity [5] Natural Gas Demand and Supply - The Middle East is expected to be a supplier of LNG, while Asia and Europe will be major demand centers for American LNG [7] - Increased US LNG is needed to replace Russian gas in Europe [8] - US LNG demand is projected to double by 2030, increasing by an incremental 15 BCF (billion cubic feet) per day [8] - The world is energy short, requiring more American energy to meet demand [9]

Report Summary Investment Rating - Short - term: Oil prices are expected to fluctuate with a slight upward trend; Medium - term: Bearish allocation [3] Core View - Tensions in the Middle East show no sign of easing. The IAEA's announcement that Iran violated the nuclear non - proliferation treaty adds pressure on Iran. The probability of a US - Iran nuclear deal is low unless Iran makes major concessions. However, there is great uncertainty between geopolitical escalation and supply impact. Without threats to supply or key shipping routes, it's difficult for oil prices to have a trend - like increase [2] Market News and Key Data - **Oil Futures Prices**: On the New York Mercantile Exchange, the July - delivery light - sweet crude oil futures price fell 11 cents to $68.04 per barrel, a 0.16% decline; the August - delivery Brent crude oil futures price on the London market dropped 41 cents to $69.36 per barrel, a 0.59% decline. The SC crude oil main contract rose 0.67% to 494 yuan per barrel [1] - **IAEA Resolution**: The IAEA Board of Governors passed a resolution stating that Iran violated nuclear non - proliferation obligations for the first time in nearly 20 years. Iran condemned it as a "political" decision and plans counter - measures [1] - **G7 on Russian Oil Price Cap**: Most G7 countries plan to lower the price cap on Russian oil even if Trump decides to withdraw. The current $60 per - barrel cap is almost ineffective due to falling global oil prices [1] - **Israel's Military Consideration**: Israel is considering military action against Iran in the coming days. The US may play a logistical role and share intelligence. Trump said there's a possibility of large - scale conflict in the Middle East [1] - **Singapore Fuel Inventory**: As of the week ending June 11, Singapore's fuel oil inventory rose 1.133 million barrels to 23.714 million barrels (a 7 - week high), light distillates inventory increased 232,000 barrels to 13.334 million barrels (a 3 - week high), and middle distillates inventory rose 1.475 million barrels to 10.715 million barrels (a 13 - week high) [1] - **US Jobless Claims**: The number of initial jobless claims in the US remained stable at a high level. As of the week ending June 7, it was 248,000 after seasonal adjustment, against a market expectation of 240,000 [1]

>> THIS IS "BALANCE OF POWER" LIVE FROM WASHINGTON, D.C. JOE: FROM BLOOMBERG'S WASHINGTON, D.C. STUDIOS TO OUR TV AND RADIO AUDIENCES WORLDWIDE, WELCOME TO "BALANCE OF POWER. " KAILEY: TONIGHT, INFLAMED POLITICAL TENSIONS AFTER A HEATED ENCOUNTER. A CALIFORNIA SENATOR FORCIBLY REMOVED AND HANDCUFFED WHEN HE TRIED TO CONFRONT THE HOMELAND SECURITY SECRETARY AS SHE BREATHED REPORTERS ON THE FEDERAL IMMIGRATION CRACKDOWN IN L.A. WE WILL HAVE REACTION TO THE STUNNING MOMENT CAPTURED ON VIDEO. JOE: THE MID EAST ...

So what do you make of this uh geopolitical tension weighing on the markets. Um you know yesterday there was a lot of optimism at least about inflation with CPI coming in softer than expected. I'm talking about the US markets right now.Do you think this will continue to weigh on the US markets throughout the day. Well um given that the US market has staged a very significant rally basically from bare market to bull market within two months. I think uh there are reasons to expect some pause in that rally or ...

Core Insights - SSR Mining Inc. has temporarily suspended operations at the Seabee mine in Canada due to power outages caused by nearby forest fires [1][8] - The Seabee mine produced 26,001 ounces of gold in Q1 2025, reflecting a year-over-year increase of 9.4% [2][8] - Despite the operational halt, SSR Mining's shares rose by 3% and reached a 52-week high of $13.33, driven by high gold and silver prices [4][8] Production and Financial Outlook - SSR Mining expects the Seabee mine to produce between 70,000 to 80,000 ounces of gold for the full year of 2025 [3] - The cost of sales for the mine is projected to be between $1,230 and $1,270 per payable ounce, with an all-in sustaining cost (AISC) anticipated to be between $1,710 and $1,750 per payable ounce for 2025 [3] Market Performance - Silver prices have reached a 13-year high above $36 per ounce, while gold prices have also seen significant increases, currently around $3,320 per ounce [5] - SSR Mining's share price has surged by 147.9% over the past year, contrasting with a 2.2% decline in the industry [7] Strategic Moves - The recent acquisition of the Cripple Creek & Victor mine from Newmont Corporation positions SSR Mining as the third-largest gold producer in the United States, expected to boost annual production by 170,000 ounces of gold [6]

Group 1: Market Reaction - Major international oil and oil-related stocks such as TotalEnergies, APA, and Torm plc experienced significant rallies, with stock increases of 2.6%, 4.4%, and 3.4% respectively [1] - The oil and gas prices had a "relief rally" due to OPEC+ announcements of supply increases being less than feared [3][4] Group 2: OPEC+ Supply Decisions - OPEC+ announced an increase in oil supply for July by 411,000 barrels per day, which was in line with market expectations [4] - The cartel had previously agreed to voluntary cuts of approximately 2.2 million barrels per day in January 2024 to support oil prices, but plans to phase out these cuts gradually [5] Group 3: Geopolitical Factors - Ukraine's recent strike against Russia's bomber fleet raised concerns about potential escalations in the conflict, which could impact Russian oil supply [6][7] - Russia is the third-largest oil producer, supplying about 12% of global oil, making its supply situation critical in the context of geopolitical tensions [7] Group 4: Strategic Implications for OPEC+ - OPEC+ increasing production despite declining oil prices may be a strategy to address quota violations by member countries and to align with U.S. interests for lower oil prices [10] - Saudi Arabia's potential price war strategy could aim to undermine U.S. shale production, reflecting a competitive approach in the oil market [11] Group 5: Investment Considerations - Oil and gas stocks may serve as a hedge against geopolitical turmoil, particularly in the context of the Russia-Ukraine conflict, while also providing substantial dividends [12]