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Market news & articles

Energy & Commodities · 2 hours ago

June 23, 2026: Hormuz shipping edges higher while the US-Iran truce remains in place

Ship traffic through the Strait of Hormuz has increased from fewer than 10 daily transits in early March to about 35 on June 22, with some oil tankers and seven ballast LNG carriers entering the Gulf. Insurance costs remain above prewar levels, and shipping groups say routing, safety and tracking disruptions continue to limit a broader recovery.

Companies & Earnings · 5 days ago

Eni joins Mercuria in Geneva-based 50-50 venture for global energy trading

Eni said it signed an agreement with Mercuria to create a 50/50 venture that will handle selected energy commercialization and trading activities, including oil, biofuels, natural gas, LNG and LPG, along with related logistics and infrastructure rights. Mercuria said the Geneva-headquartered platform is expected to start operating in 2027, subject to regulatory approvals.

Energy & Commodities · 12 days ago

Qatar says LNG production should normalize within weeks as damaged facilities remain under repair

Qatar’s prime minister said LNG operations should return to normal within a few weeks, while damaged Ras Laffan facilities remain on a separate repair timeline. QatarEnergy said force majeure on some long-term supply contracts will be lifted only after it determines operating conditions are safe, following March 18-19 attacks that damaged two LNG trains.

Energy & Commodities · 13 days ago

U.S., Qatar Raise Gas Supply Concerns Over EU Methane Import Regime

The EU regulation phases in importer disclosure from May 2025, equivalent methane monitoring and verification requirements from January 2027, methane-intensity reporting from August 2028 and an intensity threshold from 2030. U.S. and Qatari stakeholders have said unresolved equivalence standards and LNG traceability requirements could limit compliant volumes entering Europe.

Geopolitics & Trade · 19 days ago

Report says US assessment finds Iran able to block Strait of Hormuz after conflict

A report says US intelligence agencies recently assessed that Iran can effectively stop access through the Strait of Hormuz. Separate disclosed accounts said a tentative US-Iran arrangement under discussion would reopen the waterway, though details had not been made public at the time of the reports.

Geopolitics & Trade · a month ago

St. Petersburg Urged to Stay Indoors as Ukraine Launches Large Drone Attack; Putin Rejects Direct Talks

Authorities in St. Petersburg advised residents to remain indoors after a large Ukrainian drone attack targeted Russia’s second-largest city on Saturday. The incident followed Russian President Vladimir Putin’s rejection on Friday of Ukrainian President Volodymyr Zelenskyy’s proposal for face-to-face talks. Ukraine has intensified long-range strikes on energy and military sites inside Russia.