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Treasuries Rally as Oil Tumbles on Mideast Peace Deal Optimism
Treasuries jumped, sending yields to their lowest levels in a month, as oil prices tumbled on optimism a Middle East peace deal is within reach.
Oil prices slide over 10% as Iran opens Hormuz
Oil prices slide over as Iran opens Hormuz
ICE’s hiring spree led to influx of recruits with questionable qualifications, investigation shows
Patchy employment records, bankruptcies and allegations of wrongdoing blemish the records of several new recruitsSign up for the Breaking News US email to get newsletter alerts in your inboxRapid recruitment and expansion by US Immigration and Customs Enforcement (ICE) has led to an influx of employees with questionable qualifications, an investigation has found.The track records of some of the new recruits amid the Trump administration’s mass deportation agenda stand out – and not in a good way...
Iran war: Lessons from past oil shocks India can use
India has enhanced its resilience to disruptions in energy supplies through measures ranging from the diversification of imports to the establishment of strategic reserves. What lessons it can draw from the past oil shocks to navigate the present crisis.
France and Greece to Renew Defense Pact and Broaden Cooperation
France and Greece are set to renew their defense pact next week as the European nations seek to further shore up their deterrence strategy.
Empty LNG Tankers Attempt Hormuz Crossing Into Persian Gulf
Two liquefied natural gas tankers appear to be attempting to enter the Persian Gulf via the Strait of Hormuz, which — if they succeed — would mark a significant shift in the Middle East energy crisis.
The Best of Watches and Wonders 2026
Despite an up and down year for the timepiece trade, the vibe at the industry’s biggest show was upbeat. Even goofy. Chris Rovzar reports from Geneva. (Source: Bloomberg)
After delay, DGFT authorises 17 banks to import bullion for 3 years
Test run of first power unit at Akkuyu plant to be in September–October
The timeframe to launch the first reactor was postponed due to a number of force majeure circumstances, difficulties with funding and equipment supplies
British oil giant faces lawsuit over 500 deaths in Kenya
Hazardous waste from 1980s oil exploration in the north of the country was left exposed, poisoning groundwater, petitioners have said British oil and gas giant BP has been sued in Kenya over claims that toxic waste from oil exploration four decades ago poisoned water sources and caused deaths in the East African country. The case, filed by 299 petitioners, was allowed to proceed by a Kenyan High Court and centers on exploration work carried out in the 1980s by Amoco Corporation, lat...
Gasoline shows mixed exchange price dynamics over week
The price of AI-95 under the territorial index of the European part of Russia fell by 0.02% during the day, but increased by 0.5% over the week
Lumina Metals, Shareholder Seek $251 Million in Toronto IPO
Lumina Metals Corp. and one of its shareholders are seeking to raise C$343.7 million ($251 million) in an initial public offering in Toronto, building on a modest recovery in Canadian market debuts.
ECB’s Lagarde Says Risks to Inflation Outlook Tilted to Upside
European Central Bank President Christine Lagarde said dangers to the region’s price outlook are skewed to the upside as officials continue to assess the economic damage being wrought by the Iran conflict.
Chinese trucks could go 100% electric, halving road transport oil use: industry
Industry estimates suggest that heavy-duty cargo traffic in China is on track to become nearly 100 per cent electric, a transition that could halve the country’s road transport oil consumption. Speaking at a forum on intelligent electric vehicle development in Beijing on April 11, Liang Linhe, chairman of Sany Truck – a subsidiary of the Changsha-headquartered multinational Sany Group – said China’s heavy truck sector could eventually be almost entirely electrified, although he did not put a...
1st Loaded Iranian Oil Tankers Leave Through Hormuz Since US Blockade
The Deep Sea, Sonia I and Diona, all under US sanctions, passed the strategic strait on Wednesday after leaving Iran's Kharg Island, having loaded on April 2, 8 and 9 respectively.
عباس عراقچی: پس از آتشبس در لبنان، تردد کشتیهای تجاری در تنگه هرمز کاملا آزاد است
عباس عراقچی، وزیر خارجه جمهوری اسلامی، در شبکه ایکس نوشت: «در پی اعلام آتشبس در لبنان، عبور و مرور تمامی کشتیهای تجاری از طریق تنگه هرمز برای باقیمانده دوره آتشبس بهطور کامل آزاد اعلام میشود.»
Russia ranks 4th in EU gas import value share in February
The United States ranked first with its LNG supplies, accounting for 30.5% and 1.8 bln euro
U.S. Midterm Inflation Tops Price Increases In Western Europe
Yet another inflation shock is knocking at the door amid the war in Iran. OECD data shows that U.S. inflation is already higher than that of Western European peers.
MOL CEO to discuss Druzhba oil supplies in Russia — Magyar
The leader of Hungary’s Tisza party held consultations with Zsolt Hernadi on April 16 as regards energy security, oil supplies to Hungary
Indian refiners paying for Iranian oil in yuan – Reuters
The transactions have reportedly been routed through a private bank’s Shanghai office ahead of the expiry of the US waiver Indian refiners are making payments for Iranian oil in yuan, after a temporary sanctions-waiver by the US enabled New Delhi to buy crude from the Middle Eastern country, Reuters reported. The US issued the one-month waiver on March 20, which Washington says will not be extended. Payment for the Iranian cargoes is a complicated issue due to the US sanctions...