S&P 500 ▼ 7,358.22 · Brent ▼ $72.52 · Gold ▲ $4,005.60 · VIX ▼ 18.6 · 10Y UST ▼ 4.40%
Oil erased its wartime premium on 24 June. Brent settled at $72.52 and WTI near $70 – both at their lowest since 28 February, the day before strikes on Iran began. But Cushing inventories hit a 42-year low, shipping remains 10 per cent displaced, and the fertiliser chai…