Energy & Commodities

Both Brent crude futures and US WTI futures were at their highest since mid-June

Iran has told Houthi allies to be prepared to close the Red Sea oil route if the US strikes Iranian power infrastructure

Auditor is not liable for trading losses incurred by company from November 2015 to mid-April 2020

Sales of bunker or marine fuel were about 4.7 million tonnes last month, MPA data shows

A prolonged disruption would keep LNG supplies tight, particularly for Asia, where buyers rely heavily on Qatari cargoes

But there is also interest in ‘coal flexibility’ schemes, where coal plants complement renewable sources

Crude has soared to its highest in about a month, as escalations in the Iran war revive concerns over flows from the energy-rich region

Trump has pledged to intensify bombardment until Teheran stops attacking ships and opens Hormuz

Taxi usage and ridesharing are booming across Chinese cities, with trips up 6% since the Iran war