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(Bloomberg) — Oil and gas shipping along a US-protected corridor in the Strait of Hormuz showed signs of recovering Sunday, a day after a batch of vessels performed unexplained U-turns and detours in the vital energy corridor. Read More
(Bloomberg) — Iran’s ambassador to Beijing said China and other friendly nations will be granted “special considerations” when Tehran determines the level and nature of service fees charged to ships using the Strait of Hormuz. Read More
(Bloomberg) — Oil prices are tumbling everywhere as a peace deal between the US and Iran unleashes a wave of supply, overwhelming demand from buyers and prompting talk of a glut of crude. Read More
In the U.K. general election two years ago today, Sir Keir Starmer led Labour back to power with 411 out of 650 seats in the House of Commons — 63 per cent of the seats though with only 33.7 per cent of the popular vote. And now he’s done. What happened? Read More
(Bloomberg) — Kyiv’s forces attacked an oil terminal in St. Petersburg, Russia’s second largest city, with drones overnight, local officials said, while Ukraine said a gas production facility was struck by Russia. Read More
(Bloomberg) — French aircraft carrier Charles de Gaulle will return to its home port after a nearly two-month deployment near the Strait of Hormuz as an interim peace deal between the US and Iran eases tensions in the key waterway. Read More
