Kazakhstan Energy Minister says that they do not intend to reduce oil output following the suspension of exports to Germany
Kazakhstan's Energy Minister's statement on maintaining oil output despite suspending exports to Germany signals a commitment to manage domestic supply levels, potentially mitigating concerns over global scarcity.
Iran received 'some sign' the US is ready to break the blockade, Tasnim reports
Hungarian officials have told Politico that a decision on the EU loan to Ukraine is dependent on actual flows through the Druzhba pipeline.
Kazakhstan Energy Minister says that they do not intend to reduce oil output following the suspension of exports to Germany
UKMTO says received information about an incident 15 nautical miles to the northeast of Oman in which a container vessel was approached by a single IRGC gunboat, while gunfire struck the vessel and severely damaged the bridge
ABB (ABBN SW) Q1 (USD) net 1.32bln (prev. 1.10bln Y/Y), rev. 8.7bln (exp. 8.5bln)
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This could impact WTI and broader commodities markets, as it suggests Kazakhstan is not bowing to external pressures, which may keep oil prices stable or even under upward pressure amid ongoing geopolitical tensions.
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