GeopoliticsJuly 31 at 07:45 AM

Fire in Iraq's Al-Ahdab oil field brought under control, reports Tasnim

StockNow breaking-news AI analysis

A fire at Iraq's Al-Ahdab oil field has been contained with no reported impact on crude oil production, likely stabilizing short-term supply concerns for investors.

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Today's market highlights

A selection of stories drawing attention in the market.

Geopolitics

US President Trump on Iran, says we'll be hitting them very hard; on strikes against Iran in coming weeks, says we'll be hitting

Fed

Fed's Logan (2026 voter, hawkish dissenter) says risks to inflation are to the upside and 'solid' job market is strengthening a bit; Would have preferred 25bps hike to better balance outlook and risks

Politics

US Treasury Department has told currency market participants to prepare for a potential additional intervention following Thursday's action by Japanese authorities to support the yen, reports Nikkei

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