Pakistan and Iraq have struck agreements with Iran to transport liquefied gas and oil via the Strait of Hormuz amid shipping risks, according to sources
Pakistan and Iraq's agreements with Iran to transport liquefied gas and oil via the Strait of Hormuz highlight a strategic move amidst rising shipping risks.
Samsung Electronics (005930 KS) says it expresses regrets over mediation talks, while it will continue to talk to the union and make efforts to prevent the worst-case scenario
[MARKET UPDATE] Asia-Pac stocks begin negative following the subdued handover from the US, where sentiment was dampened by tech weakness, higher oil prices and firmer-than-expected inflation
Pakistan and Iraq have struck agreements with Iran to transport liquefied gas and oil via the Strait of Hormuz amid shipping risks, according to sources
Japanese Current Account (Mar) 4682B vs. Exp. 3900B (Prev. 3933B)
Japanese Bank Lending YoY (Apr) Y/Y 5.4% vs. Exp. 4.6% (Prev. 4.8%)
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This could impact global energy supplies, potentially influencing prices for crude oil and gas, while also affecting currency flows related to commodity-linked currencies like the USD and JPY. Traders should watch for volatility in energy markets and related currencies as these developments unfold.
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