Today: 9 July 2026

Khadija Saeed

Khadija Saeed is a financial markets reporter at TS2.tech, specializing in stocks, technology and emerging industries. She studied economics and finance at the London School of Economics and previously worked in market research before moving into financial journalism. Her coverage focuses on the companies, innovations and economic trends influencing global investors.

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Stock Market Today

  • Brent Crude Steadies Near $78 as Hormuz Risks Keep Market Tense
    July 9, 2026, 8:01 AM EDT. Brent crude oil stayed just under $78 a barrel Thursday, as traders kept an eye on U.S.-Iran friction and the risk to shipping through the Strait of Hormuz, which handles close to a fifth of global oil and LNG. U.S. Central Command hit Iranian targets after attacks on merchant ships, but buyers held off from chasing the price higher. Brent jumped 5.2% Wednesday, the steepest climb since June 19. U.S. crude supplies went up, adding to bearish pressure. Russia kept its diesel export ban in place until July 31, cutting refined product flow. The U.S. Energy Information Administration trimmed its Q3 Brent view to $74 a barrel and sees $65 in 2027 as stocks build. OPEC+ is set for only a small supply hike. Even so, the market is sticking to tanker traffic in Hormuz for signals as Gulf exports remain at risk.
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