ADNOC Gas Unit CFO says Co. is to ramp up production at export facilities when the Strait of Hormuz opens
The announcement regarding ADNOC's intention to ramp up production at export facilities contingent on the opening of the Strait of Hormuz highlights the geopolitical sensitivity of oil and gas supply chains.
US to sell USD 95bln of 8-week bills (prev. 85bln) and USD 100bln of 4-week bills (prev. 90bln) on May 14th; to sell USD 69bln of 17-week bills (prev. 69bln) on May 13th; all to settle May 19th
Newsquawk Daily Economic Releases - 13th May 2026
ADNOC Gas Unit CFO says Co. is to ramp up production at export facilities when the Strait of Hormuz opens
Iranian Defence Ministry spokesperson says any threat or aggression will face immediate response, Al ArabyTV reports
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Given that this strait is a critical passage for hydrocarbons, the statement suggests potential easing of supply constraints that could affect pricing dynamics in the energy markets and geopolitical stability in the region.
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