US official told Al Jazeera that reports about preparations to resume Operation Freedom to reopen the Strait of Hormuz are incorrect.
This clarification from a US official suggests that concerns over potential military actions to secure the Strait of Hormuz are exaggerated.
NHTSA says Tesla's (TSLA) Model Y is the first vehicle to pass NHTSA's new "Advanced Driver Assistance" tests
IEA Chief Birol says IEA has only released c. 20% of its total oil stockpile so far and is ready to act again
US official told Al Jazeera that reports about preparations to resume Operation Freedom to reopen the Strait of Hormuz are incorrect.
Verizon (VZ) is cutting several hundred workers, or less than 1% of its head count, Business Insider reports
ECB's Schnabel says her view is that some damage done from the Iran war will be hard to reverse
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Such a move could reduce immediate fears around oil supply disruptions, potentially stabilizing commodity prices and influencing market sentiment towards riskier assets.
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