Dow Jones down by 73 dollars; temporarily dropped nearly 600 dollars due to attacks on Iran
The Dow Jones Industrial Average fell by 73.14 points as tensions escalated following attacks on Iran, experiencing a temporary drop of nearly 600 points during trading.
Share market down 7,000 points in pre-trading
The pre-trading session of the stock market saw a significant drop of 7,000 points amid uncertainty influenced by major global powers.
What does the escalating situation in the Middle East mean for the economy and investors? We have listed the most important impacts
The escalating conflict in the Middle East is anticipated to significantly impact the global economy and particularly market reactions, with immediate effects expected once trading resumes.
Reuters: Oil and Trading Companies Suspend Shipments Through the Strait of Hormuz
Some major oil and trading companies have suspended shipments of crude oil and fuel through the Strait of Hormuz amid ongoing US and Israeli attacks on Iran and responses from Tehran.
United Kingdom sanctions Brazilian company for link to 'ghost fleet' of Russian oil
The United Kingdom has sanctioned a Brazilian company accused of connections with a 'ghost fleet' trading Russian oil, which allegedly funds the war against Ukraine.
Arvi Hamburg: The carbon dioxide quota trading system is driving oil shale electricity out of competition
The EU's emissions trading system (ETS) is a significant factor contributing to high electricity prices, according to Arvi Hamburg.
Lukoil to Bulgarians: You must buy Russian oil
Lukoil's trading company Litasco announced that Bulgaria's measures against it violate the Energy Charter Treaty, following Bulgaria's suspension of Russian oil imports and handling of Lukoil's assets.
United Kingdom Targets Transneft in ‘Biggest Sanctions Package’ Since 2022 Invasion
The UK has launched its largest sanctions package against Russia since the 2022 invasion, focusing on oil operator Transneft and various companies involved in trading Russian crude.
Eni returns to trading oil
Eni plans to re-enter the oil and gas trading market after seven years away, aiming to align with major competitors like BP and Shell.
Petralon Advances Marginal Field with Shell Support
Shell Western Supply and Trading has expressed confidence in Petralon Energy's operations after the company achieved first oil at the Dawes Island Field.
Katie Price's posts 'under investigation' after claims CBD oil cured child's cancer
Katie Price is under investigation by Trading Standards for her claims that CBD oil can cure cancer, a statement that she previously made while promoting products from Supreme CBD.
– Every company should have a crazy person on top
Nicolai Tangen, the head of Norway's Oil Fund, argues that the Norwegian business sector is lagging in artificial intelligence (AI) adoption, advocating for its pivotal role in enhancing productivity and trading.
Reliance's Entry into Venezuela... License Received from the US, Now the Game Will Begin!
The US has granted Reliance Industries a license to purchase oil from Venezuela, enabling them to operate without restrictions.
New US directive on oil will significantly impact Russia
The US has issued three licenses that partially lift restrictions on trading with Venezuela, but prohibit any transactions with Russia and other sanctioned countries.
India Returns to Venezuelan Crude: Refineries Reactivate Oil Purchases After Trade Pause
Indian Oil Corp and Hindustan Petroleum have jointly purchased Venezuelan crude, reigniting their trade relations after a hiatus.
Significant setback occurred: Putin's war chest experiencing a blow
Indian oil refiners are no longer accepting offers from entities trading in Russian oil, which could severely impact Russia's economy and military funding.
USA imposes new sanctions against Iranian oil
The USA has imposed sanctions on 15 companies dealing with Iranian oil and other petroleum products, alongside sanctions on 14 vessels in Iran's 'shadow fleet' which evade detection while trading sanctioned oil.
WSJ: Why India finds it difficult to reduce its dependence on Russian oil
The article discusses India's challenges in halting purchases of Russian oil, despite President Trump's statement about ending such imports, highlighting the complexities involved in altering global crude oil trading.
Nigeria: Epstein Wanted to Trade in Nigeria's Crude Oil, but Feared Being Defrauded
Newly released documents reveal Jeffrey Epstein's email discussions about a potential oil trading deal in Nigeria, expressing fears of being defrauded.
Fluctuations on the US Stock Markets
Wall Street indices showed gains after an initial drop, with significant declines in prices for gold, silver, and oil as trading updates continue throughout the day.
Oil rises amid supply disruption fears from Iran and Venezuela
Oil prices increased as markets assessed the possibility of supply disruptions from Iran and continued uncertainty surrounding Venezuela's exports, bringing geopolitical concerns back to the forefront of energy trading.
Moeve and Galp create a giant of gas stations and refining to compete against Repsol
Moeve and Galp have established a large industrial platform integrating refining, trading, and chemical activities with over 3,500 service stations across the Iberian Peninsula to compete with Repsol.
Venezuela open to oil deal, says Rodríguez, as Vance claims US ‘controls’ country’s resources
Venezuela's interim president Delcy Rodríguez expressed openness to trading oil with the US despite past tensions, while US politician JD Vance asserted American control over Venezuela's resources.