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(Bloomberg) — Roughly 7 million barrels of daily oil and fuel shipments are flowigng through the Strait of Hormuz, or about half of the volumes stranded at the start of the Iran war, said US Energy Secretary Chris Wright. Read More
(Bloomberg) — Inflation spreading through the economy will force the European Central Bank to raise interest rates further, according to Governing Council member Peter Kazimir. Read More
(Bloomberg) — Australia’s richest woman wants to mine coal in the Rocky Mountains and one of Canada’s most famous country music singers has built a coalition of ranchers, fishermen and environmentalists to stop the project. Read More
(Bloomberg) — India’s inflation came in lower than expected in May, despite high fuel costs, supporting the central bank’s recent decision to keep interest rates unchanged. Read More
