Futures rose 0.5 percent in New York. Prices seesawed on Tuesday after President Donald Trump fired Tillerson, whom he had disagreements with over key foreign policy issues. The move could have implications for U.S. sanctions on Iran, which could impact the latter’s oil industry and exports, Facts Global Energy and Royal Bank of Canada warned. “The risk is now much higher that President Trump will not waive the sanctions when it is time to do so in May, thus derailing the deal,” said Bjarne Schieldrop, chief commodities analyst at SEB AB. Click Read More below for additional information.

Sun Chemical has named Cyngient as a strategic distribution partner of its inks, coatings, and other solutions for offset, narrow web tag and label (NWTL), commercial sheetfed and folding carton printers. The new partnership allows Sun Chemical and Cyngient to reach their North American inks customers faster and more efficiently, and jointly provide customers with technical and product support. Cyngient customers will now have access to Sun Chemical’s full range of solutions for the marketplace which can be combined with many of Cyngient’s specialties, including special effects, soft touch and tactile coatings, cold foil solutions, and in-mold products. Click Read More below for additional information.