A look at the day ahead in European and global markets from Wayne Cole. It's been one of the quietest starts to a week in ages, with no new wars, or tariffs and much of the world watching the football. There has been no reported progress in U.S.-Iran peace talks, but at least the Strait of Hormuz is partly open. The UKMTO counted 160 vessels transiting from Monday to Saturday last week, with 98 of those tankers. It's still far short of the 138 daily average transits before the war, but every barrel helps.