energy
One China-owned oil tanker loaded with Saudi Arabian crude exited the Red Sea via the Bab el-Mandeb chokepoint, and another was on course to follow, despite overnight Houthi attacks on vessels in the region.
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EXCLUSIVE: Buyers to press Qatar, UAE for cheaper, more flexible LNG deals after Hormuz shock Reuters
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Asian refiners may wait an extra month for crude as tankers abandon the route through Bab al-Mandab
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QatarEnergy prepares to extend force majeure on LNG into mid-October, Bloomberg News reports Reuters
Stocks fell as unease over ever-higher artificial intelligence spending outweighed an otherwise strong earnings report from Alphabet Inc., while crude rose for a fifth straight day and pushed bond yields higher.
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Southeast Asia hosts security gathering amid Middle East turmoil Reuters
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Two Chinese supertankers with Saudi oil head to Bab el-Mandeb for Red Sea exit Reuters
Two China-owned oil tankers loaded with Saudi Arabian crude remained on course to exit the Red Sea via the Bab el-Mandeb chokepoint, despite overnight Houthi attacks on vessels in the region.
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EXCLUSIVE: Buyers to press Qatar, UAE for cheaper, more flexible LNG deals after Hormuz shock Reuters
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Brent crude’s rise towards $100 is threatening a prolonged surge in inflation and resetting interest-rate expectations