Daily Briefing — July 2, 2026 | Oil Slips to Pre‑War Levels as AI‑Driven Rally Pauses
Published: July 2, 2026
Duration: 19:32
The July 2 Slotly News Daily Briefing examines a Thursday session defined by falling oil prices, cautious central banks, and an equity market catching its breath after a powerful AI‑driven rally. We start with crude, where Brent and WTI have slid back toward pre‑war levels as the U.S.–Iran ceasefire stabilises shipping through the Strait of Hormuz and traders remove much of the conflict premium. We connect that move directly to the inflation outlook and Federal Reserve policy, outlining Kevin Warsh’s latest message on rates and how Treasury yields and the dollar are responding.
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