European benchmark natural gas prices erased an early 3% loss at Monday opening and were up by 1.3% in morning trade in Amsterdam, as the commodity markets watch with apprehension the latest U.S.-Iran standoff at the Strait of Hormuz. European benchmark natural gas prices
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A tanker carrying liquefied petroleum gas (LPG) passed through the Strait of Hormuz this weekend en route to India in the first crossing of an India-linked LPG cargo since the U.S. launched a blockade outside the Strait to prevent Iranian oil exports. A tanker carrying liq
Iran’s Fars News Agency reports that two missiles struck a US warship near Jask Island after it allegedly ignored repeated warnings to exit Iranian territorial waters. Iran’s Fars News Agency reports that two missiles struck a US warship near Jask Island after it allegedly
EU PMI Manufacturing data improves on stockpiling EU mid-market update: EU PMI Manufacturing data improves on stockpiling; focus remains on Strait of Hormuz and Iran's action on Trump-proposed "Project... EU PMI Manufacturing data improves on stockpiling EU mid-market upda
Oil: Conflict-driven gains fuel inflation risks – Danske Bank Danske Research Team underlines that the US–Iran conflict and closure risks in the Strait of Hormuz are heavily impacting energy markets. Oil: Conflict-driven gains fuel inflation risks – Danske Bank Danske Rese
All commercial ships and oil tankers must refrain from any movement along Strait of Hormuz without coordination with Iranian military Aggressive actions by the US will only "complicate current situation", further endanger security of vessels Warns US navy to to approach or even...</strong
A rare pocket of Monday morning tranquillity, or just a mirage On the first read of this morning’s headlines, ( President Trump Says US to Start Guiding Trapped Ships Through Hormuz via Bloomberg) ) S&P 500 Index futures are nudging higher, but the tone feels more like traders...
For the y/y +12% prior +0.2% Other data, ANZ-Indeed Job Advertisements for April -0.8% m/m prior –3.1% Earlier: Australia Monthly Inflation Gauge showed "Monthly inflation rose again in April" CBA tips RBA rate hike tomorrow but warns Iran war makes it a close call. For th
Commonwealth Bank expects the RBA to raise rates 25bp to 4.35% in May 5, but warns the decision is line ball given Iran war inflation pressures and softening consumer sentiment. Commonwealth Bank expects the RBA to raise rates 25bp to 4.35% in May 5, but warns the decision