supply
Oil prices drop 6% as Israel-Iran ceasefire reduces Middle East supply risk
[NEW YORK] Oil prices fell 6 per cent on Tuesday (Jun 24) to settle at a two-week low, on expectations the ceasefire between Israel and Iran will reduce the...
Russia Warns that Other Countries Are Ready to Supply Iran Nuclear Weapons Which Could Escalate Global Tensions
Moscow warned on Sunday that several countries are willing to supply Iran with nuclear weapons, as both Russia and China slammed the recent U.S. strike on Iranian nuclear facilities.Dmitry...
Iran Votes to Close Strait of Hormuz that Could Put One-Fifth of World’s Oil Supply at Risk and Trigger Sharp Rise in Global Crude Prices
Iran's parliament has voted to close down the Strait of Hormuz, a crucial maritime route that handles around 20 percent of the world's daily oil supply, which could halt...
Amid ongoing investigations into its supply chain unit, how did Fu Yu’s board end up with only one director?
[SINGAPORE] A board dispute has left components manufacturer Fu Yu Corporation with no independent directors and only one executive director. Three independent directors, Royston Tan, Christopher Huang and Daniel Poh resigned...
Opec sees solid second-half of 2025 for world economy, trims 2026 supply
Published Mon, Jun 16, 2025 · 08:43 PM[LONDON] Opec on Monday (Jun 16) said it expected the global economy to remain resilient in the second half of this year...
Oil prices climb as Israel-Iran conflict heightens supply disruption fears
[TOKYO] Oil prices climbed in early Asian trade on Monday after Israel and Iran launched fresh attacks on Sunday, heightening fears that escalating battle could trigger a broader regional...
Oil Soars Nearly 7% on Israel-Iran Strikes, Stirring Middle East Supply Worries
With tensions escalating and concerns mounting over a broader war in the Middle East, oil prices surged nearly 7% on Friday after Israel carried out airstrikes on Iranian military...
Oil Prices Rise on US-China Talks and Saudi Supply Cuts, but Iran Threatens Future Stability
Oil prices climbed more on Tuesday, amid continuing trade negotiations between the U.S. and China and a decrease in crude shipments from Saudi Arabia to China. Brent increased by...
