India, Japan and most European nations joined the Hormuz Strait draft resolution, while 112 countries back the resolution, according to Al Jazeera
The endorsement of the Hormuz Strait draft resolution by India, Japan, and most European nations reflects a significant diplomatic alignment and highlights growing concerns over maritime security in the region.
Malaysian fugitive financier behind the 1MDB scandal, Jho Low, reportedly seeks a pardon from US President Trump and had recently submitted a pardon request, according to WSJ
US President Trump and UAE's President discussed strategic partnership and assessed Middle East developments in a phone call, according to Emirati News Agency
India, Japan and most European nations joined the Hormuz Strait draft resolution, while 112 countries back the resolution, according to Al Jazeera
US Private Inventory Data (bbls): Crude -2.2mln (exp. -2.3mln), Distillates -0.3mln (exp. -1.3mln), Gasoline +0.5mln (exp. -2.5mln), Cushing -1.8mln
UK government appoints loyalists to fill gaps filled by government resignations, via UK press
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This unified stance from 112 countries may affect risk sentiment, particularly in oil markets, as it signals potential for increased regulatory oversight or military presence, impacting supply dynamics and potentially driving prices.
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