Tag: @LCO26Q
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UK forces board sanctioned Russian shadow fleet oil tanker
The U.K.’s Ministry of Defence says the SMYRTOS was in the English Channel and will be held off the south coast during investigations.
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UAE denies ‘false’ reports of fund transfer to Iran
The statement follows a Reuters report that the UAE has agreed to unlock billions of dollars of frozen funds for Iran.
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Proposed Iran-U.S. deal would reopen Hormuz strait and lift oil sanctions, Iran state media says
U.S. President Donald Trump said Thursday that the Strait of Hormuz would be reopened as soon as a deal is signed.
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CNBC Daily Open: Markets score big as Iran war nears final whistle and SpaceX takes the field
Investors cannot take their eyes off another story playing out: the possibility that the Iran war might finally come to an end.
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Oil prices fall on hopes of U.S.-Iran deal despite Tehran pushback
Oil prices fell on Friday after U.S. President Donald Trump said Washington had reached a framework agreement with Iran, raising hopes that tensions in the Middle East could ease.
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What energy insiders in DC are saying about oil prices and a possible Iran deal
Brian Sullivan shares his insight from the sidelines of the Global Energy Forum in Washington, DC.
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Trump cancels Iran strikes scheduled for Thursday evening
Hours earlier, Trump warned that the U.S. would attack Iran “VERY HARD TONIGHT,” and soon take over Iran’s oil infrastructure assets, including Kharg Island.
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Oil tanker CEO sees Hormuz ship traffic quickly increasing if U.S. and Iran reach a deal
Many shipowners are just waiting for the threat assessment to be downgraded before crossing Hormuz, Frontline CEO Lars Barstad said.
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Trump might ‘love the inflation,’ but consumers are feeling the pain, experts say
For consumers, the Middle East conflict’s impact on the cost of everyday goods has made it harder to make ends meet.
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Wholesale prices rose 1.1% in May, more than expected, on surge in energy
The producer price index was expected to increase 0.7% in May, according to the Dow Jones consensus forecast.
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