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Spanish aid group Proactiva Open Arms is awaiting clearance to sail from Cyprus to Gaza to deliver around 200 metric tons of food aid as the Muslim holy month of Ramadan begins.
Israeli troops enter Al-Shifa Hospital in Gaza in an IDF operation against Hamas. Qatar is negotiating release of 50 hostages to Israel in exchange for ceasefire and release of Palestinian women and children. Market reactions vary.
Oil prices drop as Russia downplays further production cuts. OPEC+ meeting uncertainty. Brent crude, West Texas Intermediate, short-sellers, debt ceiling.
Corn futures and soybean futures were lower overnight while wheat futures were mixed.