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05.04.26 - 04:57
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In Charts: US Does Not Rely On Strait Of Hormuz Oil While Asia Stands To Lose (ZeroHedge)
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In Charts: US Does Not Rely On Strait Of Hormuz Oil While Asia Stands To Lose
Authored by Sylvia Xu via The Epoch Times (emphasis ours),
The Strait of Hormuz has been called the jugular vein of the world's oil supply, and as Operation Epic Fury continues, Iran continues to have a chokehold on the critical supply route.
About one-fifth of the world's oil and gas is typically shipped through the narrow waterway connecting the Persian Gulf to the Arabian Sea.
But Iran's attacks on commercial vessels have brought traffic through the strait to a virtual standstill since the start of the conflict on Feb. 28.
In March, just 220 vessels transited the strait, according to data from maritime analytics platform Marine Traffic. Prior to the war, thousands of ships traversed the waterway each month.
These actions have caused oil and gas prices to surge. Brent, a global benchmark for oil prices, has risen firmly above $100 a barrel overseas. The average gas price in the United States has surged past $4 p...
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04.04.26 - 17:00
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Cubans study oil tanker diplomacy for signs of progress in secret talks with US (The Guardian)
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Despite hostile rhetoric Trump let a Russian ship break his blockade – could it herald a Venezuela-style outcome?When a sanctioned Russian oil tanker, the Anatoly Kolodkin, docked at Cuba's Matanzas oil terminal on Tuesday, unloading 700,000 barrels of crude, it was not immediately clear why the ship had been allowed to pass through Donald Trump's oil blockade.In January, the US president had proclaimed on social media: “THERE WILL BE NO MORE OIL OR MONEY GOING TO CUBA – ZERO!” yet last week he told reporters, “If a country wants to send some oil into Cuba right now, I have no problem with it” – and waved the Russian ship through. Continue reading......
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04.04.26 - 01:19
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Equinor Aktie: Anpassung der Empfehlung an neues Ölpreisszenario (Aktiencheck)
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Wien (www.aktiencheck.de) - Equinor-Aktienanalyse der Raiffeisen Bank International AG:
Aaron Alber, Analyst der Raiffeisen Bank International AG (RBI), erhöht in einer aktuellen Aktienanalyse das Kursziel für die Aktie der Equinor ASA (ISIN: NO0010096985, WKN: 675213, Ticker-Symbol: DNQ, Euronext Oslo-Symbol: EQNR, NASDAQ OTC-Symbol: STOHF). [mehr]...
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