energy
Two liquefied natural gas carriers and a supertanker have traversed the Strait of Hormuz over the past couple of days, with the LNG vessels heading for Pakistan and China, and the tanker, loaded with Iraqi crude, is en route to China. According to a Reuters report, the vessels used the route that Ir
Oil markets are nearing minimum operating levels in Asia, with Europe likely next and the U.S. potentially facing shortages by July, said Carlyle's Jeff Currie.
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Global stocks climbed to approach a record high as crude oil fell after officials signaled the US was nearing a deal with Iran to reopen the Strait of Hormuz and restore oil flows. The dollar weakened.
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‘Very sharp downturn’ in enrolments risks hitting economic innovation and academic pipeline, lobby group says
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Abu Dhabi National Oil Co. has been quietly ferrying oil and gas shipments out of the Persian Gulf using its own fleet, apparently circumventing both the Iranian navy and US warships to reach energy-starved customers.
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Australia’s requirement for liquefied natural gas producers to reserve a fifth of exports for local use is set to apply to all projects and existing contracts, intensifying pressure on them to secure more supply.
Oil slides, stocks rise as markets bet on Hormuz breakthrough
Emerging markets are experiencing a surge in political instability, impacting investments from Latin America to Eastern Europe. Recent events in Colombia, Peru, Bolivia, and Turkey have led to market sell-offs as political risks intensify. This turmoil highlights the underlying vulnerabilities withi
Japan’s Nikkei 225 breached 64,000 for the first time Monday as a sharp decline in oil prices lifted risk sentiment in holiday-thinned trading.
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Asian stocks climbed and crude oil fell after US officials signaled that a deal with Iran to reopen the Strait of Hormuz and restore oil flows may be near.