Saudi Aramco CEO Amin Nasser says oil markets would take months to recover even if the Strait of Hormuz reopened immediately. Roughly 1 billion barrels were removed from global supply over the past ...
Apart from some currency depreciation, the Indian economy has held up reasonably well, and growth numbers remain stable, said Sailesh Raj Bhan, president and chief investment officer (CIO) - Equity ...
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US-Iran deal hopes lift markets as oil prices drop
Deal odds surge: Prediction markets now see nearly a 50% chance of a U.S.–Iran agreement by late summer, boosting hopes for eased tensions and trade flows. Markets react fast: Stocks hit record highs ...
DigiPlus reported net income reached P2.8 billion, down 33% YoY, as revenues fell 25% following the delinking of e-wallet access from licensed gaming platforms. EBITDA declined 42%, reflecting softer ...
Traders think there's a 59% chance traffic returns to normal by September 1. Odds that happens by August are hovering around 50%. Kalshi defines normal traffic flows on the contract as the 7-day ...
President Donald Trump is confronting a 60‑day War Powers Resolution deadline as the U.S. maintains its naval blockade of the Strait of Hormuz amid a fragile ceasefire with Iran. The standoff has ...
Oil prices do not currently reflect the full scale of the supply disruption triggered by the Iran war, Exxon CEO Darren Woods said. The market has been insulated by tankers in transit, strategic ...
If the Strait of Hormuz doesn't normalize by the end of July, Brent will likely end the year over $100 a barrel, according to a new prediction by Goldman Sachs. Here's what fuels that view and what it ...
A small number of tankers are beginning to move through the Strait of Hormuz, United Refining CEO John Catsimatidis said Wednesday, signaling a tentative restart at the critical oil choke point.
Oil prices could top $150 per barrel if energy flows through the Strait of Hormuz remain disrupted through the middle of May, according to JP Morgan. Prices are headed to $120-$130 per barrel in the ...
Monday’s trading action underscored how sensitive Wall Street is to any hint of an endgame in the Iran conflict—verified or not. Large, rapid moves on heavy volume following social media posts are ...
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