Explosions heard from South Pars Petrochemical in Asalouye, via Fars
The explosions at the South Pars Petrochemical facility indicate a potential escalation in regional tensions, which could impact oil supply stability.
US President Trump says that Iran has until Tuesday night to reopen the Strait of Hormuz, otherwise he would destroy all of Iran's bridges and power plants, according to the WSJ
Neurocrine confirms it is to acquire Soleno Therapeutics (SLNO) for USD 53/shr in cash or USD 2.9bln
Explosions heard from South Pars Petrochemical in Asalouye, via Fars
"Several explosions were heard from the American military headquarters in Jordan", via IRIB News
Indian Government Official says they are considering building up their LPG reserves; are seeking safe passage for remaining ships through the Strait, at this point not aware about being charged
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Traders should monitor responses from local authorities and any ensuing security developments, as such incidents can lead to volatility in energy markets and associated currencies.
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