US will reportedly seek forfeiture of Iran-linked oil tankers seized at sea
The U.S.
Fire at PDVSA's Cardon refinery's FCC unit is reportedly under control
US Treasury Secretary Bessent says it is highly unusual for Powell to stay on the Fed board, calling it an insult and violation of norms; adds Warsh will be Fed Chair on time
US will reportedly seek forfeiture of Iran-linked oil tankers seized at sea
US Treasury Secretary Bessent says sprinting for the finish line with Iran, according to Fox Business; willing to do secondary sanctions on Iran oil buyers
Alphabet (GOOGL) says Google Cloud "accelerated again" with revenue up 63%, topping USD 20bln for the first time, and backlog "nearly double quarter on quarter" to more than USD 460bln
Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.
seeking forfeiture of Iran-linked oil tankers indicates a potential escalation in tensions between the U.S. and Iran, which could influence oil supply dynamics and prices. Such moves generally lead to heightened volatility in oil markets and could have implications for currencies tied to energy exports, especially those of oil-dependent nations. Watch for reactions from oil prices and safe-haven currencies like the USD and JPY, as they might reflect market apprehension about supply disruptions.
Related headlines
- RBI may conduct USD/INR buy-sell swap operations this month, traders suggest7 hours ago
- Pakistan is reportedly considering strikes against Houthi targets in Yemen under the “Makkah Pact” defense framework with Saudi Arabia and Turkey, Kann's Kais reports; strikes may begin in the coming days and will be announced immediately after1 hour ago
- US EQUITY OPEN: Indices in the red as US/Iran tensions escalate 1 hour ago
- US ADP Employment Change Weekly 12K (Prev. 11.75K)3 hours ago
- Dow (DOW) reportedly weighs exit from USD 20bln Saudi chemicals venture3 hours ago
- UKMTO notes of an incident 28NM of south-east of Al-Faw, Iraq; in reference to an incident seen at 0230 UTC4 hours ago
- Iranian IRGC spokesperson says ships passing through the restricted zone in the Strait of Hormuz will face sanctions, including suspension of maritime, insurance and support services, with the restricted zone extension, Fars reports4 hours ago
- Two port officials say a Panama-flagged tanker carrying 2mln barrels of Iraqi fuel oil was hit by a drone in Iraqi territorial waters; tanker is named "New Andros", and no casualties were reported5 hours ago
- [MARKET UPDATE] European and US equity futures hit fresh session lows as US players enter the market and reacts to energy prices and overnight developments in the Middle East5 hours ago
- Germany to sell EUR 4.201bln vs exp. 5.5bln 3.00% 2036 Bund: b/c 1.47x (prev. 1.15x), average yield 3.39% (prev. 3.26%), retention 23.62% (prev. 37.2%)5 hours ago
- [MARKET UPDATE] Fresh lows across fixed income and equity futures as energy prices continue to climb; Brent Nov remains north of USD 100/bbl5 hours ago
- UKMTO has received a report from a third-party of an incident 24NM northwest of Port Rashid, UAE; incident occurred at 02:48 UTC6 hours ago
- [MARKET UPDATE] Brent front-month crosses back above USD 100/bbl for the first time since July 24th; newsflow light but geopolitical tensions remain high following the recent US-Iran retaliatory strikes7 hours ago
- Chinese CPI (Aug YY) 0.8% vs. Exp. 0.8% (Prev. 0.5%)13 hours ago
- Top US diplomat in Taiwan says aside from the human toll, any conflict across the Taiwan Strait would have a bigger impact on the global economy than the Second World War13 hours ago
- US senior Trump administration official says President Trump approved series of proclamations on Canada trade measures, with ban on dairy, most alcohol and motorcycle imports from Canada under Section 338 with restrictions effective in about 3 weeks16 hours ago
- US Central Command says their forces destroyed five Iranian crude oil carriers on Tuesday after the IRGC targeted a US Navy warship with ballistic missiles twice over the past two days16 hours ago
- US Secretary of State Rubio warns every time Iran tries to hit US Navy ships, they will lose tankers17 hours ago
- Iran launched at least 20 missiles at bases in Jordan with the Al-Salti and Prince Hassan bases targeted, according to SNN17 hours ago
- Iran has launched missiles at targets in response to US strikes, while unofficial sources cited by Tasnim noted that explosions were heard in Jordan following Iranian missile attacks17 hours ago
The whole workspace, free to try.
Try it free