Oil prices have maintained their position near two-week highs, buoyed by a temporary truce in the U.S.-China trade war and a weakening U.S. dollar. The agreement between the world's two largest economies to reduce reciprocal tariffs has injected optimism into the market, eroding some of the demand-side pessimism that had previously weighed on prices.

The dollar's decline, following lower-than-expected U.S. inflation data, has further supported oil prices by making the commodity less expensive for holders of other currencies. This dynamic has contributed to an increase in demand, as evidenced by the rise in Brent crude futures and U.S. West Texas Intermediate (WTI) crude in recent trading sessions.

Market analysts have noted the positive impact of the tariff reductions but caution that the lingering effects of the trade war could still influence the market. The reported declines in U.S. gasoline and distillate inventories have also provided support, signaling resilient fuel demand despite the rise in crude stocks.

As the market continues to digest these developments, attention is turning to the potential implications of the U.S.-China agreement and the dollar's trajectory for future oil price movements. The situation remains fluid, with traders closely monitoring inventory data and geopolitical developments for further cues.

In a disturbing incident that has rattled the community, six teenagers have been arrested following a stabbing at Moseley School in Birmingham. The attack, which occurred on the school grounds, left a 15-year-old boy with two slash injuries to his back. Authorities have confirmed that the injuries are not life-threatening, but the event has sparked widespread concern among parents and residents alike.

West Midlands Police have taken six boys, aged between 13 and 14, into custody on suspicion of wounding. The police are currently examining CCTV footage and speaking to witnesses to piece together the events that led to the stabbing. In a bid to reassure the public, extra patrols have been deployed in the area, highlighting the seriousness with which the authorities are treating the incident.

Detective Sergeant Shereen Ballintine from Birmingham CID described the attack as 'appalling' and emphasized the distress it has caused not only to the victim but also to other pupils at the school. The police are working closely with the school to understand the motives behind the attack and to prevent such incidents in the future. The community's cooperation has been sought, with appeals for any information or footage that could aid the investigation.

The incident has raised questions about safety in schools, traditionally seen as sanctuaries of learning and growth. Parents and educators are calling for a collective effort to address the root causes of such violence, ensuring that schools remain safe spaces for all students. As the investigation continues, the focus remains on supporting the victim and his family, while also addressing the broader implications of this tragic event for the community and the education system at large.