Global oil giants are heading into a crucial earnings season with the prospect of significantly higher third-quarter profits, driven by disruptions linked to the US-Israeli war on Iran. But as companies prepare to report stronger results, investors are shifting their attention to a bigger question: will the unexpected cash windfall strengthen their finances, or encourage […]
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The Strait of Hormuz remains at the center of growing tensions in the Middle East, with Iran warning that the strategically important waterway will not fully reopen until the United States ends the war, lifts its blockade and meets commitments Tehran says were previously agreed. At the same time, Iran and Oman are working on […]
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The fragile ceasefire between the United States and Iran appears to have collapsed after renewed military exchanges, with US President Donald Trump declaring that the agreement is effectively over. Speaking during a NATO summit, Trump expressed strong criticism of Iran following overnight military strikes carried out by the United States and Iran’s response targeting American […]
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Iran’s Revolutionary Guards have issued a stern warning to vessels transiting the Strait of Hormuz, saying any ship crossing the strategic waterway without authorisation from Iran “will be dealt with.” The statement comes as uncertainty continues over the future governance of the Strait of Hormuz, one of the world’s most important maritime trade routes and […]
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The Bank of Japan (BoJ) has raised its benchmark interest rate to 1.0%, marking the highest level seen in more than three decades as policymakers work to contain growing inflationary pressures linked to the recent Middle East conflict. The 25-basis-point increase, announced on Tuesday, is the first rate hike since December and reflects the central […]
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