Iran proposes charging fees in the Strait of Hormuz, alongside Gulf peers, WSJ reports; Iran estimates that it can gain around USD 40bln/yr for states involved
Rio Tinto (RIO LN) is reportedly in talks with Vitol over a venture to cut freight costs
Israeli officials confirm that the third day of Lebanon-Israel talks are ongoing, but have been difficult so far, Ravid reports on X
Iran proposes charging fees in the Strait of Hormuz, alongside Gulf peers, WSJ reports; Iran estimates that it can gain around USD 40bln/yr for states involved
US Energy Secretary Wright says that the 172mln barrel reserve release still proceeding; "I see Iran exporting up to 2mln barrels of oil a day"
HB Fuller (FUL) says the co. is entering the back half of 2026, petrochemical supply chain disruption is playing out in line with prior exceptions, management said Q2 pricing actions are "ramping as expected"
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