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India’s central bank tries to shore up rupee as it nears record lows
Rise in energy costs due to US-Israel war on Iran has put downward pressure on the currency of the w...
Where could stocks and bonds collide? Here’s what to watch
Investing.com -- U.S. stocks have historically held up well even as bond yields rise, but a prolonge...
US warns Kyiv that strikes on Russia jeopardise intelligence-sharing
Donald Trump’s administration delivered threat after Volodymyr Zelenskyy criticised diesel deal with...
Energean in Exclusive Talks for $1 Billion BP Egypt Gas Deal
Energean is in exclusive talks to buy a package of BP’s Egyptian oil and gas assets in a deal that could raise about $1 billion for the British energy major, Reuters reported Thursday exclusively, cit ...
Baltic States Build Up Defenses Amid Rising Fears of Russian Aggression
A letter seen by RFE/RL reveals growing concern about Russian aggression in the Baltic States, speaking of a "deteriorating security environment" amid an "increased frequency of airspace violations an ...
Weak Asian Oil Imports Challenge Claims of Surge in Hormuz Transits
Asia is expected to welcome roughly the same volumes of crude oil this month as it did in July, with these still weak imports not signaling a surge in tanker crossings at the Strait of Hormuz as the U ...
Thailand Accelerates Clean Energy Push to Cut LNG Dependence
Thailand plans to accelerate the rollout of renewable energy sources and embrace nuclear power for the first time to cut reliance on imported LNG in the wake of the Middle East crisis, Energy Minister ...
Oil Prices Fall as Qatar Pushes New Hormuz Talks
Crude oil prices extended their decline for the fourth day today on news that Qatar’s Prime Minister will visit Tehran today to discuss the possibility of reopening the Strait of Hormuz. At the time o ...
Aramco Finds a New Way to Keep Saudi Crude Flowing to China
Saudi Arabia is not waiting for the Strait of Hormuz to return to normal to deliver its crude to Asia. It is building a workaround, one tanker handoff at a time. Saudi Aramco is offering more Septembe ...
Oil Drops as Tankers Begin Moving More Gulf Crude
Brent crude futures dropped for a third session as Iran and Oman advanced plans for a temporary maritime corridor through the Strait of Hormuz. Brent tumbled to $85 a barrel early Wednesday, down more ...
U.S. Crude Stocks Barely Budge as Gasoline Inventories Fall
Crude oil inventories in the United States saw an increase of 100,000 barrels during the week ending August 21, according to new data from the U.S. Energy Information Administration (EIA) released on ...
Hormuz Traffic Remains Depressed as Iran and Oman Weigh Temporary Corridor
Vessel traffic at the Strait of Hormuz remains well below recent averages as Iran and Oman discuss a temporary shipping corridor in the key chokepoint that could lead to a kind of ‘interim’ reopening. ...
Iran’s Tanker Blacklist Raises New Risks for Gulf Oil
Three Indian refining companies and “a global energy major” will stop using tankers included in a black list that Iran issued earlier on Sunday in response to U.S. sanctions, Reuters has reported, cit ...
Oil Prices Fall as Iran-Oman Talks Fuel Hopes of Strait Reopening
Crude oil prices dipped earlier today following news reports about Iran and Oman renewing their talks about joint management of the Strait of Hormuz, as those reports were taken to mean the waterway c ...
Oil Prices Fall as Iran Negotiation Hopes Return
U.S. sanctions pressure on Iran intensifies, but Pakistani mediation hopes push Brent back to $89. US Blockade Leaves Iran’s Oil Trade on Borrowed Time - The announcement of the Trump administration’s ...