JP Morgan Sees $150 Oil if Hormuz Remains Closed Through Mid-May.
Oil prices could top $150 per barrel if energy flows through the
Category: Business
China expands digital yuan network to 22 banks.
China’s central bank has expanded its digital yuan programme by adding a
Iran and Oman drafting protocol to ‘monitor’ Hormuz Strait traffic: IRNA
Iran and Oman are drafting a protocol to “monitor transit” through the Strait of
Iran war pushes Germany’s deficit to 4.2% as growth outlook is cut by 50%.
The Iran war is hitting the German economy at the worst possible
Malawi joins South Africa and DRC as Africa’s rare earth powerhouse with $100 million investment by Australian miner.
This substantial investment will enable Malawi to join the ranks of South
Traders Ramp Up Bearish Oil Bets To Nearly $1 Billion.
Traders have poured a record $977 million into the ProShares UltraShort Bloomberg Crude Oil ETF (SCO),
Venezuela Oil Exports Top 1 Million Bpd in March.
Venezuela exported crude oil at a rate of over 1 million barrels
ADNOC Chief Urges Global Action as Iran Chokes Hormuz Energy Flows.
The Group CEO of ADNOC has called on the world to act
Brent Oil Dips Below $100 as Trump Signals End to Iran War.
Brent Crude oil futures plunged by 4% early on Wednesday to trade
Middle East war dims global economic outlook, says IMF.
The International Monetary Fund (IMF) has warned that the ongoing war in the