Iran
Iran not going to close Strait of Hormuz, Iran UN envoy says
IRAN’S UN ambassador said on Thursday Tehran was not going to close the Strait of Hormuz, but added that it was Iran‘s right to preserve the security of the key shipping route.
Ships must coordinate with Iran’s navy to pass through Strait of Hormuz, foreign ministry says
[DUBAI] Ships must coordinate with Iran’s navy to pass through the Strait of Hormuz, the country’s foreign ministry spokesperson said in comments carried by Mehr news agency on Thursday.
Oil settles up 9% as Iran vows to keep Strait of Hormuz closed
Middle East Gulf countries have cut total oil production by at least 10 million barrels per day
India in talks with Iran to secure safe passage for tankers
The ships are carrying crude oil, LPG and LNG, and have been stuck since US and Israeli attacks began late in February
Oil tankers burn as Iranian strikes defy Trump’s claim to have won the war
Prices of the commodity are up almost 10%, returning above US$100 a barrel
Beijing rejects Sinopec’s request to tap commercial reserve: sources
Sinopec relies on the Middle East for nearly 60% of its total crude oil imports
Asean ministers to hold meetings to address Middle East crisis
Several member countries have already taken concrete steps to cope with the impact of the crisis
Iran war is causing biggest-ever oil market disruption, IEA says
The conflict will slash global oil supply by eight million barrels a day this month
Blue chips close lower in Singapore; STI slides 0.2%
Across the broader market, decliners beat gainers 302 to 262, as 1.5 billion securities worth S$2 billion change hands
Surging air fares upend global travel as peak season nears, with Asia-Europe routes hit hard
The sudden capacity drop from Gulf airport closures has sent airfares soaring on some key routes
