Russia's Ushakov says Strait of Hormuz is open for Russia, Interfax reports
This statement emphasizes that the Strait of Hormuz remains accessible for Russian movements, which is crucial for global oil supply routes.
Israel Energy Ministry says the Leviathan rig to return to operation
Two drones target US diplomatic facility near Baghdad airport, according to reports
Russia's Ushakov says Strait of Hormuz is open for Russia, Interfax reports
Amazon (AMZN) adding 3.5% fuel and logistics surcharge for sellers; fuel surcharge fees take effect on April 17th for customers of the company’s fulfillment by Amazon service
US Baker Hughes Total Rigs Count (Apr/03) 548 (Prev. 543)
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Given the geopolitical tensions, this could alleviate short-term supply fears, but we need to watch for any counteractions from other nations involved, which may impact oil prices and related currencies.
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