Tag: @NG26Q
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Oil shipments are under attack on multiple fronts as fighting escalates in Red Sea, Hormuz and Black Sea
More than 60 commercial ships have been attacked in the Persian Gulf, Strait of Hormuz and Gulf of Oman since March 1.
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Why Costco keeps gas prices so low—it’s ‘straight out of the retail playbook,’ expert says
Higher gas prices are driving record demand for Costco’s gas stations as more Americans look to save at the pump.
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GE Vernova sellers blinded by an earnings miss should focus on strong demand instead
Using the EPS miss as a reason to knock the Club stock down more than 7% is short-sighted.
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Abu Dhabi approves $6.2 billion gas project to boost UAE supply
Abu Dhabi’s National Oil Company will invest $6.2 billion to develop the Umm Shaif Gas Cap to expand natural gas production and liquefied natural gas exports.
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Ships shun Strait of Hormuz as renewed fighting strains key oil corridor
Vessel traffic through the Strait of Hormuz has slumped since U.S. President Donald Trump’s blockade took effect last week.
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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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Graham’s death scrambles troves of policy in Washington
South Carolina Republican Sen. Lindsey Graham died unexpectedly at 71.
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CNBC Daily Open: Strait of Hormuz, Ukraine’s attacks in Russia, Greenland
Geopolitics are back in focus, with the U.S. retaliating against Iran after several ships were struck in the Strait of Hormuz, and Ukraine hitting Russia.
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Oil jumps as U.S. ‘powerful strikes’ against Iran risk unraveling fragile Mideast truce
Oil prices rose on Wednesday after the U.S. launched fresh strikes on Iran in retaliation for attacks on commercial vessels in the Strait of Hormuz.
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U.S. revokes Iran oil sales authorization after tanker attacks
Skip NavigationMarketsBusinessInvestingTechPoliticsVideoWatchlistInvesting ClubPROLivestreamMenuCommercial vessels and oil tankers preparing to transit through the Strait of Hormuz, one of the most critical strategic waterways for global trade
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