French President Macron said France and the UK will organise a conference in coming days aimed at restoring freedom of navigation in Hormuz
Macron's announcement of a forthcoming conference with the UK to address navigation security in Hormuz signals heightened diplomatic efforts amidst regional tensions.
Pakistani, Egyptian and Turkish mediators will continue talks with the US and Iran in the coming days, aiming to help close the gaps between US-Iran, Axios reports citing sources; all parties believe a deal is possible
CPC’s oil exports rose 48% in March from February to 1.58mln bpd, boosted by recovery at the Tengiz field, according to sources cited by Reuters
French President Macron said France and the UK will organise a conference in coming days aimed at restoring freedom of navigation in Hormuz
[MARKET ANALYSIS] G10FX looks through crude surge, HUF surges on Tisza supermajority; heavy speaker slate due this week
Baker Hughes (BKR) will sell Waygate Technologies to Sweden’s Hexagon for about USD 1.45bln, WSJ reports
Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.
- Macron said any Hormuz naval mission would be strictly defensive and stressed that every effort must be made to reach a lasting, solid diplomatic end to the Middle East conflict.
- He also reiterated the importance of finding a way to restore peace in Lebanon.
The emphasis on a strictly defensive naval mission may ease immediate market concerns over escalation, yet it highlights ongoing vulnerabilities in Middle East stability that could affect oil prices and risk sentiment. The reiteration of peace in Lebanon also reflects broader regional challenges that markets will continue to monitor closely.
Related headlines
- US Energy Secretary Wright says current refining capacity is a bigger problem than crude oil supply39 min ago
- Saudi-affiliated militias withdraw from Yemen's Hodeidah province, reports IRNA citing sources1 hour ago
- Pakistan has warned Iran to restrain Yemen’s Houthi militants after a rise in Houthi attacks on Saudi Arabia, conveying the message on behalf of Riyadh, reports Reuters citing sources1 hour ago
- Israeli army artillery bombarded the northern parts of the village of Taranja near the outskirts of Quneitra, reports Tasnim1 hour ago
- Iranian forces launched a barrage of missiles at a US military base in Azraq, Jordan, overnight Tuesday, resulting in minimal equipment damage and no fatalities, reports NYT citing two US officials1 hour ago
- Pakistani Ambassador says they believe that a better understanding will soon be achieved between the US and Iran, reports ISNA2 hours ago
- CRUDE WRAP: WTI (V6) SETTLES USD 3.02 HIGHER AT 96.05/BBL; BRENT (X6) SETTLES USD 3.29 HIGHER AT 101.21/BBL2 hours ago
- US President Trump says he thinks war with Iran will end immediately after the election2 hours ago
- US President Trump says he had a great conversation with Russia President Putin; Putin wants to make a deal, bilateral meeting could happen2 hours ago
- US President Trump says after the election, oil prices will tumble lower; gasoline price will take a bit longer2 hours ago
- Saudi-led coalition in Yemen says Houthis attacked on Wednesday the Saudi cities of Khamis Mushait, Abha and Jazan with ballistic missiles and drones3 hours ago
- ILNA highlights that Iraqi media outlet, citing Western sources, claims Pentagon is examining scenarios for carrying out rapid amphibious operation by US marines in some strategic islands around the Strait of Hormuz3 hours ago
- A US official tells NewsNation on reports of strikes in Iran near the Strait of Hormuz that there are no attacks being carried out by US forces right now: “We're not currently striking”3 hours ago
- Reports of an oil tanker being targeted in the Strait of Hormuz, reports Al Hadath citing Iranian Media4 hours ago
- Explosion heard from the sea south of Jask at 19:20 local time, reports Fars4 hours ago
- IAEA's 35-nation board of governors passes resolution reporting Iran to UN Security Council for breaching its non-proliferation obligations4 hours ago
- Iran official says it is ready for more intense war with US if required and will escalate strikes in response to US attacks5 hours ago
- EIA STEO: World oil demand 102.6mln BPD (prev. 102.7mln BPD), 2027 demand 105mln BPD (prev. 105mln BPD). 5 hours ago
- White House denies FT report on Ratcliffe and Russia-Ukraine talks5 hours ago
- US Midterm Update: Latest Polymarket pricing puts Democratic sweep at 50%; Republican midterm 2-day convention to start tonight5 hours ago
The whole workspace, free to try.
Try it free