BaynWallstreet

(Bloomberg) — In early April — after a month of disruption around one of the world’s most important energy chokepoints — US President Donald Trump wrote that with “a little ​more time, we can easily OPEN THE ​HORMUZ STRAIT, TAKE THE OIL, & MAKE A ⁠FORTUNE.” Read More

(Bloomberg) — Policymakers in the US and across the Group of Seven will probably keep interest rates steady this week while watching nervously for signs of higher energy costs fanning inflation.    Read More

(Bloomberg) — Brazil’s Amazon teems with plant and animal life and is critical to the health of the planet as a storehouse of carbon dioxide. The nation also has the cleanest national grid among G20 countries, thanks to abundant hydropower, much of it originating in the Amazon. Read More

(Bloomberg) — The Strait of Hormuz remains largely empty of merchant ships, with only a few Tehran-linked vessels moving through the waterway, following a tense week that saw Iranian gunboat attacks and tanker interceptions by the US Navy.  Read More

(Bloomberg) — The Strait of Hormuz oil shock has yet to crash demand as the rich world borrows from its stocks and pays up to secure supply. Traders are now sounding the alarm that a harsh adjustment is coming. Read More

(Bloomberg) — Business activity in the euro area contracted for the first time since 2024 on a pronounced weakening in the services sector as war in the Middle East suppressed demand.   Read More