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The Spanish IBEX 35 index rose 1.00% on the day.
2026-07-03
The Spanish IBEX 35 index rose 1.00% on the day.
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2026-07-03
A Bloomberg survey shows OPEC crude output rose 2.34 mln b/d in June to 18.75 mln b/d as a U.S.-Iran peace accord enabled members to resume exports via the Strait of Hormuz. Kuwait, Saudi Arabia and Iran posted the largest gains. Tanker-tracking data
A Bloomberg survey shows OPEC crude output rose 2.34 mln b/d in June to 18.75 mln b/d as a U.S.-Iran peace accord enabled members to resume exports via the Strait of Hormuz. Kuwait, Saudi Arabia and Iran posted the largest gains. Tanker-tracking data indicate Gulf producers had already been clandestinely moving cargoes through the strait before the accord; the strait was almost closed in the early stages of the conflict. With the agreement allowing more open transits, Saudi shipments have recovered to about 90% of normal. After adjusting for the UAE’s exit, OPEC’s June output remained 7.3 mln b/d below February levels, a 28% decline.
2026-07-03
Germany's DAX index rose as much as 1% intraday.
Germany's DAX index rose as much as 1% intraday.
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