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Manila taps South Korea to power nuclear revival●The eBay deal Ryan Cohen swore he wanted is falling apart●Gold Climbs Above $4,400 as Traders Turn Focus to US Inflation●US officials work to close supply chain gaps as foreign investment grows●Unitree IPO frenzy leaves Chinese retail investors with 1-in-5,500 odds●IPO Rush: 34 companies race to launch issues worth Rs 45,000 crore by September 30●Bhagwati Products may delay IPO by up to 3 quarters●Rupee falls 11 paise on firm dollar, costlier crude●Manila taps South Korea to power nuclear revival●The eBay deal Ryan Cohen swore he wanted is falling apart●Gold Climbs Above $4,400 as Traders Turn Focus to US Inflation●US officials work to close supply chain gaps as foreign investment grows●Unitree IPO frenzy leaves Chinese retail investors with 1-in-5,500 odds●IPO Rush: 34 companies race to launch issues worth Rs 45,000 crore by September 30●Bhagwati Products may delay IPO by up to 3 quarters●Rupee falls 11 paise on firm dollar, costlier crude●

Commodities

The Hormuz Shock Is Far From Over

Oilprice.com · 1h ago

The Hormuz Shock Is Far From Over

The latest Bloomberg data show that shipping transits through the Strait of Hormuz remained largely disrupted Monday morning, even as Iran and Oman reportedly moved closer to a deal. Brent crude futures traded near $85 a barrel as markets priced in the possibility that a deal to reopen the maritime chokepoint could be imminent. Yet global supply-chain stress remains near its highest level since the pandemic, and any normalization could take months, even if shipping traffic resumes. UBS senior international economist Pierre Lafourcade highlighted…

Read the full story at Oilprice.com →

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