Oil prices drift higher as markets digest fresh U.S.-Iran sanctions

Please enable JavaScript if it is disabled in your browser or access the information through the links provided below. July 02, 2026 Federal Reserve Board issues enforcement action with Small Business Bank and announces termination enforcement actions with BNP Paribas S.A., BNP Paribas USA, Inc., BNP Paribas Securities Corp.,…

(Bloomberg) — The war in Iran caused a spike in Canadian inflation expectations and is leading the country’s oil producers to boost their investment and production plans. Survey data released Monday by the Bank of Canada show businesses and consumers expected a quickening pace of price increases in the second quarter, coinciding with rising tension…

Specialist lender Rely has completed a £2.4 million multi-unit freehold block (MUFB) remortgage for a portfolio landlord in Northumberland, secured against a 55-unit residential property valued at £3.2 million. The transaction involved refinancing a fully refurbished residential block held on a single freehold title. The borrower, described as an experienced portfolio landlord with existing relationships…

San Francisco’s all-cash purchases climbed 7.7% year over year in a market where the median sale price exceeds $1 million, reflecting the purchasing power of technology workers buoyed by AI-sector wealth creation and equity-based compensation. At the state level, Mississippi (47.2%), Montana (45.9%), New Mexico (43.8%), Missouri (42%), and Florida (41.3%) posted the highest cash…

Coventry for intermediaries has cut selected residential and buy to let rates. Residential rates have been reduced by up to 15 bps and buy to let rates have been reduced by up to 8 bps. There are reduced options for new and existing customers. Highlights include: A 4.98% two-year fixed rate to end of December…