Energy Markets
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worldTrump Rejects Iran-Oman Control Over Strait of Hormuz as Deal Remains Elusive
President Trump dismisses an Iran-Oman joint management plan for the Strait of Hormuz, warning Oman and vowing US oversight.
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worldUAE Exits OPEC, Prioritizing National Interests in Global Energy Shift
The United Arab Emirates announced its departure from OPEC, citing a strategic shift to focus on national interests and investor commitments in a changing global energy landscape.
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worldYergin: Geopolitical Tensions Reshape Global Energy Markets
Daniel Yergin, Vice Chairman of S&P Global, details how geopolitical tensions and the Strait of Hormuz closure are creating structural shifts in global energy markets and changing energy security concerns.
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financeECB Holds Rate Cut: Lagarde Cites Uncertainty Amid Iran Conflict
European Central Bank President Christine Lagarde defers rate cut decisions, citing geopolitical uncertainty and energy market disruptions from the Iran conflict. Traders anticipate no policy shift.
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financeUS Extends Russian Oil Sanctions Waiver, Easing Supply Fears
The United States has granted a temporary 30-day waiver on Russian oil sanctions, providing relief to energy markets amid ongoing geopolitical conflicts. This move eases immediate supply pressures.
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financeEconomic Risks of Prolonged Iran War Underestimated
Prolonged Iran war could severely impact global economy, with energy, supply chains, and fertiliser facing major disruptions.
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worldOil Surges Over $100 Amid Middle East Tensions; Eurogroup Faces Energy Crisis Test
Eurogroup convenes amid escalating Middle East conflict and soaring oil prices. EU leaders discuss energy security, market resilience, and potential coordinated action to stabilize global markets.
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financeIran Conflict Fuels Market Volatility: Bank of Canada Governor
Bank of Canada Governor Tiff Macklem warns of increased financial and energy market volatility due to geopolitical tensions and the rise of non-bank financial players.