Russia's Main black sea port reportedly resumes loading crude at key berth
The resumption of crude loading at Russia's main Black Sea port indicates an increase in oil supply, which could weigh on WTI and Brent prices if confirmed.
German pilots union says no further strikes at Lufthansa (LHA GY) are planned in the short term, with the focus now on talks with the co.'s management
Iranian Foreign Minister's tweet regarding the decision to open the passage of all commercial ships through this strait requires the approval of the leadership, Mehr News reports
Russia's Main black sea port reportedly resumes loading crude at key berth
US Commerce Secretary Lutnick says Strait of Hormuz is open and ships are moving; US growth will hit 6% under Trump
Iranian Military Official says military vessels are not allowed to pass the Strait of Hormuz, State TV reports; adds ships passing through the determined route need IRGC permission
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This development may influence market sentiment, particularly regarding global supply balances and potential pressure on prices alongside broader geopolitical concerns in the energy sector.
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