Oil gains as US/Iran strikes continue, supporting yields - Newsquawk US Market Wrap

Trump vows harsh response to any US servicemembers killed by Iran; US & Iran trade strikes over the weekend, with Iranian attack on Jordan killing two US service members; US targets Iranian nuclear power plant under construction; Houthis announce a ban on maritime navigation for Saudi-linked vessels; Mediators have reportedly proposed a 10-day cessation of strikes to find ways to revive the Iran-US interim deal; Iran's Foreign Ministry said will not abandon talks with the US; US/Iran talks are ongoing; Andy Burnham becomes UK PM, names Healey as Chancellor; Softer-than-expected Canada CPI; GOOGL is reportedly developing a new server chip.

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