Tag: @LCO26Z
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Global shipping industry sounds the alarm over Trump’s Hormuz toll plan
For shipping giant Hapag-Lloyd, it is “fundamentally wrong” to charge tolls for passage through international waters, regardless of the country in charge.
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CNBC Daily Open: The Hormuz blockade is back and Trump is tolling
Oil markets reel as President Trump revives his naval blockade in the Strait of Hormuz and demands a 20% toll charge.
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Trump’s Hormuz toll plans bring oil supply risks back in spotlight
President Donald Trump’s plan to impose a 20% fee on cargo passing through the Strait of Hormuz is threatening the global oil surplus.
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CNBC Daily Open: Hormuz toll threats, Mideast tensions keep investors on edge
Dwindling hopes of a Mideast peace deal and a tech sell-off sent U.S. benchmark indexes lower overnight, while Asia markets traded lower Tuesday.
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Inflation reports expected to show improvement with a caveat; Warsh heads to Capitol Hill
Tumbling oil prices in June are likely to provide some welcome good news for inflation.
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A July rate hike from the Fed? The odds are rising
Chances of a rate hike in July by the Federal Reserve rose as oil prices jumped on the latest developments in the Strait of Hormuz.
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Oil volatility is creating a ‘win-win’ trade strategy
The United States Oil Fund (USO), the ETF that best tracks oil prices, offers equity options traders a liquid, accessible alternative to the complexities of the futures market.
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Brazilian ETF shows constructive chart action, giving a bullish outlook for the third quarter, Katie Stockton says
The leading Brazilian exchange-traded fund in the U.S. has a constructive technical setup that suggests its recent corrective phase is maturing.
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Ship traffic through Strait of Hormuz falls steeply as U.S. and Iran fight for control
Ship traffic has fallen as the security situation in Hormuz rapidly deteriorated. Iran has repeatedly attacked ships, triggering fresh fighting with the U.S.
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India’s inflation accelerates to 4.38% in June, exceeding forecasts
Inflation has risen for the eighth straight month in India, as food and energy prices rise due to the Iran war and deficient rainfall.
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