ADNOC Gas profit halves but beats own guidance amid Iran war
ADNOC Gas reported a 52% drop in second-quarter profit to $665 million, but the result beat its own guidance of $400-600 million. The Abu Dhabi state company blamed the closure of the…
All posts tagged in Strait of Hormuz14- Page
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1,500 idle ships in Hormuz risk marine bioinvasion: study
Research reported by Siasat.com warns that more than 1,500 commercial vessels laid up in the Persian/Arabian Gulf since February risk causing a marine bioinvasion 'super-spreader' event. The ships have accumulated biofouling on…
Russia moots direct rail link to India via Iran, Afghanistan, Pakistan
Russian Deputy Prime Minister Marat Khusnullin has proposed building a direct railway link to the Indian Ocean, with routes potentially passing through Turkmenistan, Iran, Afghanistan, and Pakistan. He told TASS that alternatives…
Trump may drop nuclear demands if Iran reopens Hormuz
The Wall Street Journal reports that US President Donald Trump is prepared to end the military standoff with Iran and drop demands for a nuclear agreement if Tehran fully reopens the Strait…
China cuts crude imports, balances Asia demand as Iran war tightens supply
China has slashed its crude imports to offset the disruption from the Iran war, with arrivals in July at 8.41 million barrels per day (bpd), still 24.3% below last year but up…
Asian stocks rally, oil rises as Iran rejects US talks
Asian shares mostly rose on Monday after the S&P 500 closed at a record high on Friday, but gains were capped by oil prices climbing above $84 a barrel. Japan's Nikkei 225…
Iran appoints ex-IRGC chief Rezaei to top security post
Iran has appointed former Islamic Revolutionary Guard Corps chief Mohsen Rezaei as secretary of the Supreme National Security Council, replacing Mohammad Bagher Zolghadr. The move, announced on Sunday through presidential channels and…
Brent crude nears $85 as Hormuz reopening stays uncertain
Brent crude rose 91 cents to $84.46 a barrel on Monday as uncertainty over reopening the Strait of Hormuz persisted. Both Brent and WTI had fallen more than 7% last week on…
Russia proposes direct rail link to India via Pakistan
Russian Deputy Prime Minister Marat Khusnullin has proposed a direct rail link from Moscow to the Indian Ocean to bypass the Bosphorus and Hormuz straits, which face risks from conflicts. The route…
Trump low-keys Iran, may drop nuclear demand for strait
President Donald Trump has signalled a shift towards economic pressure on Iran, saying the US is ‘low keying it’ and watching Iran’s soaring inflation and lack of funds. According to The Wall…
Ashin Xavier: interesting
IO Repro: Repro test v4 after fix 2 Oct. Safe to trash.
IO Repro: Repro test v3 after fix 2 Oct. Safe to trash.
IO Repro: Repro test after fix 2 Oct. Safe to trash.