IAEA reports bombing of Iranian nuclear sites caused some damage, but not serious, via Al Jazeera.
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Hapag Lloyd (HLAG GY) CEO expects high additional costs of USD 40-50mln a week due to the blockade of the Strait of Hormuz, via RTL/NTV Interview
Barclays (BARC LN) reportedly pulls back on asset-based lending after MFS and Tricolor, Bloomberg reports; Shifting its focus to loans and securitizations for larger corporates
IAEA reports bombing of Iranian nuclear sites caused some damage, but not serious, via Al Jazeera.
Russia may reinstate temporary ban on gasoline exports, IFX reports
SLB (SLB) to serve as modular design partner for Nvidia (NVDA) DSX AI Factories; SLB and NVDA will develop an AI factory for Energy with Generative AI models
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Context
The report of damage to Iranian nuclear sites is significant but suggests limited escalation, which might ease immediate concerns over conflict in the region. Traders should watch for potential market reactions in oil and safe-haven assets, as any sustained military actions could shift sentiment more dramatically. Overall, this appears to be a short-term development rather than a long-term regime change.
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