Iran has shipped around 9mln barrels of crude from floating storages in the Gulf of Oman since the start of the US blockade, Iran International reports citing tanker trackers
This report indicates that Iran's export of 9 million barrels of crude from floating storage reflects its ongoing attempts to sustain oil flows despite the US blockade.
US President Trump has just held a call with the Lebanese President Joseph Aoun, Asharq's Nasr reports; he was officially updated that within hours a decision will be made on a ceasefire
All US Senate Banking Panel Democrats have signed a letter stating Warsh's Fed hearing should be delayed
Iran has shipped around 9mln barrels of crude from floating storages in the Gulf of Oman since the start of the US blockade, Iran International reports citing tanker trackers
House China Panel has issued a report on China and AI capabilities
Fed’s Williams (voter) says now is not a good time for Fed to give firm forward guidance; Fed policy is currently modestly restrictive
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This increase in available supply might have implications for global oil prices, potentially easing upward pressure on WTI and Brent, and impacting USD and other currencies tied to oil revenues. Traders should watch for market reactions around this development, especially in energy and FX markets.
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