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US Equity Indexes Decline, Crude Oil Rises in Midday Trading
(Updates with index/price moves and company/geopolitical news from the first paragraph.) US equit...
Oman-Iran plan blocks US, Israeli ships as Hormuz risks rise
Some details of the Oman and Iran plan to manage the Strait of Hormuz revealed that ships belonging ...
Aramco Deepens Asia Oil Discount Ahead of Possible Hormuz Deal
Saudi Arabia cut the price of its flagship crude for Asian buyers again as hopes of a deal to move m...
The Central Asian Corridor Powering Russia’s Wartime Trade
Central Asian states are a key conduit for Russia’s sanctions-busting trade, enabling “logistical and financial support for diversion networks” dedicated to procuring goods for the Russian war machine ...
U.S. Fuel Exports Hit Record High as Hormuz Crisis Reshapes Global Energy Flows
US oil product exports surged to a record 8.2 million barrels per day last week as countries scrambled to replace fuel supplies disrupted by the Hormuz crisis, according to Bloomberg reporting, which ...