Energy & Commodities
Oil dives, settles down 11% after Trump predicts Middle East de-escalation
Prices settled with more modest gains on Monday but retreated on Tuesday
In charts: Singapore’s energy and chemicals sector in focus as Middle East conflict escalates
The sector’s green pivot could help it be less vulnerable to oil and gas disruptions in the long term
Sembcorp’s A$3 billion Alinta loan fuels Australia’s funding boom
The loan for Sembcorp’s Australian unit will be split between an acquisition tranche
Vast ship clusters, speeding tankers point to Strait of Hormuz jamming amid Iran conflict
The jamming can distort vessels’ reported speeds and locations
Gold rises after Trump signals Iran conflict may be nearing end
The effective closure of the Strait of Hormuz has led oil prices to surge and raised concerns about inflation
Aluminium’s surge propels Chinese tycoon to US$48 billion fortune
Zhang Bo, the world’s largest private producer of the metal, has a grip on low-cost output at a critical moment for global demand
Oil falls over 6% as Trump predicts Middle East de-escalation
Gulf oil producers have begun cutting output
Oil plunges after Trump signals Iran war will end ‘very soon’
The conflict is now in its second week and has sucked more than a dozen countries into the fray
Further spikes in Singapore petrol, power prices loom with oil topping US$100
Some 15 million barrels of crude oil and 290 million cubic m of LNG pass through Hormuz each day from the Middle East to mainly Asia and Europe
Trump says US is waiving certain oil-related sanctions to ensure supply
A prolonged spike in oil and petrol costs could cost Trump and Republicans at the midterm elections
