Chicago is set to test the municipal bond market as war in the Middle East upends global markets.

Algorithmic traders, the speculators known for riding trends and accelerating price momentum, have maxed out on bullish US oil bets for the first time in more than four years — a move that’s likely to add more volatility to a market being rocked by the war in Iran.

Russia’s President Vladimir Putin urged nation’s oil and gas producers to take advantage of sky-rocketing commodities prices to reduce their debt, because the spike will be temporary.

Petrobras is holding off on retail fuel price increases in Brazil despite the war-driven surge in global oil markets, said Chief Executive Officer Magda Chambriard.

A handful of the worst performing companies in the IPO class of 2025 are staring down the risk of a “negative feedback loop” as selling restrictions for long-term investors and management teams are lifted after earnings, according to the head of PricewaterhouseCoopers’ US listing practice.