The US dollar index, which measures the dollar against six major currencies, rose by 0.27% on the day to close at 100.76 in the foreign exchange market. At the close of trading in New York, one euro exchanged for 1.14 US dollars, down from 1.15 US dollars in the previous trading day; one pound exchanged for 1.35 US dollars, down from 1.35 US dollars in the previous trading day. One US dollar exchanged for 162.39 Japanese yen, up from 162.05 Japanese yen in the previous trading day; one US dolla

The FAA has announced the suspension of the Boeing 737 MAX 10 certification due to a new software defect provided by GE Aerospace. This defect could impact the automatic flight guidance function and increase pilot workload during recertification scenarios. There are over 1,500 pending orders for the MAX 10, and certification is crucial for Boeing to improve cash flow and compete against Airbus. The previously expected October certification timeline has been delayed once again. Boeing's share price fell 6.9% on Monday.

On Monday, after WTI peaked at $96.54 and Brent surged to $108.83, both benchmarks retreated by over $5 within a few hours. The resumption of Saudi Arabia's East-West pipeline constituted the first substantial bearish factor. Meanwhile, US-Iran diplomatic developments escalated: reports claimed Trump was willing to ease sanctions in exchange for nuclear concessions, which he immediately denied in person; Iran was reportedly willing to suspend uranium enrichment, but the US stated that “major differences remain.” Privately, Iran believes the chances of reaching a deal before the US presidential election are slim. Expectations are for potential escalation in conflicts after the election, making it difficult for market risk premiums to dissipate.

BP Plc is considering various options for its Brazil biofuel business, including a sale, as CEO Meg O'Neill accelerates efforts to reshape the energy giant's business portfolio.