India’s Top Officials Rally Behind Economy as Oil Crisis Bites
(Bloomberg) — India’s top officials sought to allay concerns about the economy as soaring oil prices roiled financial markets and the currency and weighed on growth prospects. Read More
Oil Sands Firms Can Afford Carbon Capture, Canadian Energy Minister Says
(Bloomberg) — Canadian Energy Minister Tim Hodgson said he’s “highly confident” that Alberta oil sands companies can absorb the cost of building carbon capture, despite their protests that Canada’s climate rules hurt their global competitiveness. Read More
Adnoc’s Tankers Are Slipping Oil, Gas and Fuel Through Hormuz
(Bloomberg) — Abu Dhabi National Oil Co. has been quietly ferrying oil and gas shipments out of the Persian Gulf using its own fleet, apparently circumventing both the Iranian navy and US warships to reach energy-starved customers. Read More
Japan Bonds Face Homegrown Downside Risks Even as Oil Retreats
(Bloomberg) — A gauge of risk compensation for holding government bonds has risen fastest in Japan among major markets since the US-Iran war began, pointing to local factors that may continue to weigh on Japanese bonds even if energy prices retreat. Read More
Qantas Long-Haul A350 Jets Delayed Again Due to Supply Snags
(Bloomberg) — Qantas Airways Ltd.’s ultra-long-range Airbus SE A350s have been delayed again, yet another setback to the airline’s plan to operate the world’s longest non-stop flights next year. Read More