"Kuwaiti News Agency: The Gulf Cooperation Council holds an extraordinary summit in Jeddah", Sky News Arabia reports
The extraordinary summit of the Gulf Cooperation Council in Jeddah signals a potential shift in regional dynamics, which may lead to heightened diplomatic efforts or economic collaborations among member states.
Spanish Unemployment Rate (Q1) 10.83% vs. Exp. 9.8% (Prev. 9.93%)
Spanish Retail Sales MoM (Mar) M/M 1.2% (Prev. -0.1%)
"Kuwaiti News Agency: The Gulf Cooperation Council holds an extraordinary summit in Jeddah", Sky News Arabia reports
ADNOC has told some oil buyers to pick up Gulf supply outside the Strait of Hormuz, as producers look to diversify to other routes and bring their oil to the market, Bloomberg reports
BoJ Governor Ueda says can not say how many months it would take to gauge timing of next rate hike, will look to see if underlying inflation has a clear upward risks
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Traders should watch for any announcements or agreements that could impact oil prices or regional stability, particularly concerning relationships with global powers or ongoing conflicts in the area.
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