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Source: Reuters (via feed) Iran will allow India-flagged tankers to pass through the Strait of Hormuz, according to an Indian source on Thursday. The Strait of Hormuz is a vital artery for global oil trade.…
Source: Reuters (via feed) Disruptions to oil and gas flows from the Middle East are showing early signs of stress. Investors are pricing in a quick end to the conflict in the region. Breakingviews columnists…
Source: Reuters (via feed) Indian assets declined on Thursday as crude oil prices surged again. The rise in crude prices triggered concerns over energy supply disruptions. The Indian rupee fell to a record low on…
Source: Reuters (via feed) Oil prices climbed on Thursday after Iraqi security officials reported attacks on two fuel oil tankers. According to the officials, Iranian explosive-laden boats struck the vessels in Iraqi waters. The incident…
Source: Reuters (via feed) The U.S. will release 172 million barrels of oil from its strategic petroleum reserve. The announcement was made by U.S. Energy Secretary Chris Wright on Wednesday. The release is stated to…
Source: Reuters (via feed) Morgan Stanley limited redemptions at one of its private credit funds. A regulatory filing on Wednesday showed investors sought to withdraw almost 11% of shares outstanding. The fund is managed by…
Source: Reuters (via feed) The U.S. government has launched a trade investigation into excess industrial capacity in 16 major trading partners. This action was taken after the U.S. Supreme Court struck down a central part…
Source: Reuters (via feed) U.S. intelligence indicates that Iran's leadership is largely intact. This information comes after nearly two weeks of U.S. and Israeli bombardment. Three sources familiar with the matter provided this assessment. The…
Source: Reuters (via feed) Chinese companies have increased their use of derivatives to protect against currency exposure. The yuan has risen in value, which has affected some exporters for several months. More recently, the war…
Source: Reuters (via feed) Officials from President Donald Trump's administration estimated during a congressional briefing this week that the first six days of the war on Iran cost the United States at least $11.3 billion.…
Source: Reuters (via feed) The Pentagon is building a team of investment bankers steeped in private equity to invest $200 billion over three years in defense deals. This development was reported by Semafor on Wednesday,…
Source: Reuters (via feed) India's drug regulator has issued a warning to pharmaceutical companies regarding the advertising of weight-loss medicines. The warning includes both direct advertisements and surrogate promotions. Surrogate promotions involve obesity awareness campaigns…
Source: Reuters (via feed) French bank Credit Agricole has agreed to buy Ukraine's Bank Lviv. The bank announced this on Wednesday. Credit Agricole said the deal is part of its strategy. The strategy involves supporting…
Source: Reuters (via feed) India said on Wednesday it was ready to support global oil markets. This statement came as the International Energy Agency (IEA) agreed to release a record 400 million barrels of oil.…
Source: Reuters (via feed) Dealmaking in the international upstream oil and gas market remained subdued for the second straight year in 2025. The total value of deals was $18 billion. This information was provided by…
Source: Reuters (via feed) ECB policymaker Isabel Schnabel said on Wednesday that the post-pandemic spike in inflation has left scars on companies and consumers. She stated that these groups now know that prices can rise…
Source: Reuters (via feed) Iran has deployed about a dozen mines in the Strait of Hormuz, two sources familiar with the matter said. The Strait of Hormuz is a narrow waterway used for shipping oil…
Source: Reuters (via feed) The Russian government is preparing a possible 10% cut to all "non-sensitive" spending in the 2026 budget, sources told Reuters. The final decision on this cut will depend on the sustainability…
Source: Reuters (via feed) Kitchens across India are reducing the preparation of hot food and drinks. Tea is also being replaced in many homes. Fast food and lemon water are becoming more common options. This…
Source: Reuters (via feed) Indian Premier League champions Royal Challengers Bengaluru will start their 2026 season against Sunrisers Hyderabad. The match will take place at the Chinnaswamy Stadium on March 28. The Indian cricket board…
Source: Reuters (via feed) A large trust established for the family of Austrian property tycoon Rene Benko has filed for insolvency. The filing was made public on Wednesday. The trust was ordered to pay around…
Source: Reuters (via feed) Britain's Revolut said on Wednesday that regulators had lifted restrictions on its UK banking licence. This change allows the fintech firm to launch as a bank in the UK. It ends…
Source: Reuters (via feed) Iran cannot participate in the 2026 World Cup, sports minister Ahmad Donyamali said on Wednesday. He linked Iran's non-participation to the killing of their leader, Ayatollah Ali Khamene by the United…
Source: Reuters (via feed) Global shares declined on Wednesday while the dollar remained steady. This followed data showing U.S. inflation increased as expected in February. Investor focus was mainly on the price of oil. Attention…
Source: Reuters (via feed) Newly-appointed Supreme Leader Mojtaba Khamenei was lightly injured but is continuing to operate, an Iranian official told Reuters on Wednesday. BizTrendWire Insight: An Iranian official confirmed the health status of the…
