RT Ben Bartenstein (@BenBartenstein)Scoop: The Trump administration’s sanctions pivot has helped networks led by Hossein Shamkhani and Mojtaba Khamenei to rake in big profits.#Iran oil is now trading at a premium to the global Brent crude benchmark for the first time since May 2022.https://t.co/j3z2zkxh2T ...

Market Performance - The S&P 500 closed at 6,816.63, marking its weakest close since late November and below the year's starting point, with three out of the last four sessions ending lower [1] - S&P 500 futures are currently at 6,782, down 42.75 points or 0.63% [3] Oil Market - Global benchmark Brent crude increased by 5.8% to $82.14 per barrel, reaching its highest level since July 2024, with a nearly 20% surge over two sessions [2] Historical Context - Historically, the S&P 500 has averaged a loss of 0.9% in the month following major geopolitical events, followed by a gain of 3.4% over the subsequent six months, according to data from strategists at Carson Group [3]