The joint UK, France, Germany and the EU states that the governments will contribute to ensuring freedom of navigation in the Strait of Hormuz
The declaration from the UK, France, Germany, and the EU regarding cooperation to ensure freedom of navigation in the Strait of Hormuz signals a commitment to stability in a critical energy transit route.
World Gold Council says global gold ETFs recorded record outflows of ~USD 12bln in March, which roughly halved Q1 inflows to ~USD 12bln and ended North America’s nine-month inflow streak
A joint statement from the UK, France, Germany, and the EU says their governments will contribute to ensuring freedom of navigation in the Strait of Hormuz
The joint UK, France, Germany and the EU states that the governments will contribute to ensuring freedom of navigation in the Strait of Hormuz
US War Secretary Hegseth says military will be hanging around in Iran, won't go anywhere, and will make sure Iran complies; Iran will let ships go through
[MARKET UPDATE]: Oil gains with WTI back above USD 88/bbl, while stocks and Treasuries sell-off as FT report gets wider airing that Saudi Arabia’s east-west oil pipeline was hit by a drone attack around two hours ago
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This cooperative stance may ease tensions in the region, potentially influencing oil prices and risk sentiment in energy markets. Traders should monitor any operational details or potential military deployments that could impact supply dynamics more directly.
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