[MARKET ANALYSIS) Oil futures remain underpinned after further US-Iran strikes and with Trump said to be leaning towards expanding US military operations in Iran

WTI/Brent: WTI Aug'26 +0.6% / Brent Sep'26 +0.4%

• Oil prices remain underpinned as US-Iran strikes continued, and President Trump said to be leaning toward expanding US military operations in Iran after days of briefings from top aides.

Gold: -0.7%

• Faded yesterday's gains with this week's price action choppy amid upside in oil prices and softer US inflation data.

Copper: +0.1%

• Lacks conviction amid the mixed risk appetite and following softer-than-expected Chinese lending data.