Daily Newsroom
Follow market-moving stories, policy signals, and company developments curated by the editorial desk.
Lead story
The United States military has conducted a series of strikes against targets in Iran, according to U.S. Central Command. The action was described as a response to alleged Iranian attacks on commercial vessels transiting the Strait of Hormuz.
The United States has launched new military strikes against targets in Iran and reinstated oil sanctions, citing recent attacks on commercial tankers in the Strait of Hormuz. The escalation threatens a fragile ceasefire agreement between the two nations.
Oil prices rose by over 3% on Tuesday after the United States revoked a license for Iranian oil sales. The move followed reported Iranian attacks on commercial vessels in the Strait of Hormuz and retaliatory U.S. military strikes.
The U.S. Central Command has announced the completion of strikes on more than 80 targets in Iran, aimed at degrading the country's military capabilities in the Strait of Hormuz. In response, Iran's military has threatened a "crushing response" to what it called an act of aggression.
U.S. oil prices saw a significant increase following American military strikes against Iran. The U.S. action was a response to recent attacks on commercial shipping vessels in the Strait of Hormuz.
Venezuela's government has announced new leadership for the state petrochemical firm Pequiven and the national tax authority, Seniat. The appointments are part of a series of changes in key state-run entities.
At least four oil and gas tankers have altered their course to avoid the Strait of Hormuz following recent attacks on vessels in the critical shipping lane. The diversions occurred after a Qatari LNG tanker and a Saudi crude tanker sustained damage, prompting heightened security alerts.
Oil prices jumped and global stock markets faltered on Wednesday after the United States and Iran exchanged military strikes. The renewed hostilities have rattled investors and prompted a selloff in technology shares.
Residents in several Havana neighborhoods protested on Tuesday evening following a nationwide blackout, the third this year. The power failure is attributed to a severe fuel shortage exacerbated by a U.S. blockade.
