German Economy Ministry says there is currently no need to release additional strategic crude reserves
FedEx (FDX) is to remove de minimis exemption for low value goods by July 1st
IRNA outlines that Iran will not restore the Strait of Hormuz to pre-conflict levels, reports suggest; framework text is said to be close to being finalised
German Economy Ministry says there is currently no need to release additional strategic crude reserves
Saudi Arabia reiterates a willingness to provie an "Arab umbrella" to support Lebanon stabilitiy, Al Mayadeen reports citing sources
Rabobank has pushed back its call for a 25bps BoE hike to July from June, given recent inflation and labour data.
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