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LATEST

Recapitalisation: NAICOM revokes Nigeria Reinsurance licence, freezes bank accounts●U.S. Diesel Exports Hit Record High as Domestic Stockpiles Slide●Argentina renews $19bn China swap line for five more years●FG unveils Almajiri reform policy, bans street begging, introduces digital, vocational education●Ace investor Madhusudan Kela cuts stake in this multibagger stock after 200% rally in a year. Do you own?●S&P 500 has added crypto's $2 trillion market cap this month. Bitcoin is not impressed. Here's why●LIC shares fall after India’s largest OFS closes with oversubscription on both days●EU watchdogs warn of impersonation scams amid MiCA licensing shakeout●Recapitalisation: NAICOM revokes Nigeria Reinsurance licence, freezes bank accounts●U.S. Diesel Exports Hit Record High as Domestic Stockpiles Slide●Argentina renews $19bn China swap line for five more years●FG unveils Almajiri reform policy, bans street begging, introduces digital, vocational education●Ace investor Madhusudan Kela cuts stake in this multibagger stock after 200% rally in a year. Do you own?●S&P 500 has added crypto's $2 trillion market cap this month. Bitcoin is not impressed. Here's why●LIC shares fall after India’s largest OFS closes with oversubscription on both days●EU watchdogs warn of impersonation scams amid MiCA licensing shakeout●

Commodities

Iran and Oman Near Landmark Deal to Manage Strait of Hormuz

Oilprice.com · 1h ago

Iran and Oman Near Landmark Deal to Manage Strait of Hormuz

Iran and Oman are close to agreeing on joint management of the Strait of Hormuz, media have reported, citing a statement by Iran’s foreign ministry spokesman, Esmaeil Baghaei. Crude oil prices have been trending lower, in the meantime, with Brent crude dipping below $80 per barrel and trading at $79.12 per barrel at the time of writing. West Texas Intermediate was changing hands for $74.79 per barrel, down 0.57% According to Baghaei, the deal with Oman was “in the final stages”, the BBC reported today. Bloomberg, meanwhile, quoted…

Read the full story at Oilprice.com →

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