US Official: US preparing to send additional troops to Middle East in response to threat from Iran – Reuters

Early on Tuesday, Reuters cited news from the unnamed US official sources saying that the US is preparing to send additional troops to the Middle East in response to the threat from Iran.

Iran has been warning the US off-late and said to further move away from the nuclear deal on Monday.

Geopolitical disturbances between both the nations i.e. Iran and the US are positive to Crude prices.

WTI trades little negative to $51.90 by the press time of early Asian session on Tuesday.

Jun 18, 2019

Mexico’s Obrador: Could win trade war with US but that would be a ‘Pyrrhic’ victory it does not seek

Mexican President Lopez Obrador was recently on wires, via Reuters, showing the country’s ability to counter and win the US-led trade war it adhered to.

China cuts treasury holdings to two-year low amid trade war – Bloomberg

Bloomberg came out with the news report mentioning that China cuts its US treasury holdings to the lowest in almost two years due to the trade war.