ADNOC says that while it can ramp up its oil production in a matter of weeks, it will take 4 months for oil flows through Hormuz to return to 80% of pre-war levels

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Swedish Unemployment Rate (Apr) 8.7% (Prev. 9.7%)

Newsquawk Daily European Equity Opening News - 21st May 2026

ADNOC says that while it can ramp up its oil production in a matter of weeks, it will take 4 months for oil flows through Hormuz to return to 80% of pre-war levels

Pakistani political and media circles point to accelerated mediation efforts after Pakistani Interior Minister's Tehran meetings, IRNA reports; "presenting a narrative that indicates that progress in negotiations between Tehran and Washington is likely"

Newsquawk Daily European Opening News - 21st May 2026

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