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Persian Gulf oil producers are shifting critical cargo transfer operations even farther out of the war-hit region as waters just outside the Strait of Hormuz become congested with tankers.
IIF Deputy Chief Economist Ashok Bhundia argues that dwindling oil and diesel inventories around the Strait of Hormuz present a more urgent global risk than US-China strategic competition. He warns that elevated crack spreads are driving cost-push inflation and could trigger a sudden market shock. (Source: Bloomberg)
Saudi Arabia has started exporting oil using a key cross-country pipeline after the link was repaired following drone strikes earlier this month, a person with direct knowledge of the matter said.
Fading hopes for a breakthrough in the Middle East and rising inflation worries pushed US stocks lower before the bell on Monday.
The Malaysian ringgit may be poised for gains as higher oil prices and the artificial-intelligence boom provide tailwinds for the currency, strategists say.
Wild gyrations in individual stocks on a punchy cocktail of AI euphoria and fear, a tumbling bond market and geopolitical drama bode well for a long-favored trade among hedge fund managers.
Bloomberg News Middle East reporter Dan Williams and Bloomberg Intelligence senior commodity strategist Mike McGlone are on Bloomberg This Weekend discussing President Donald Trump’s rejection of Iran’s latest proposal to reopen the Strait of Hormuz and restart negotiations, as the conflict continues to strain global energy markets. They tell hosts David Gura and Christina Ruffini that economic pressure could shape the next phase of diplomacy, while rising fuel costs and shifting US supply and Chinese demand remain critical factors for oil prices. (Source: Bloomberg)
Uganda explained from the ground up: Museveni's seventh term, an oil industry that has still not started, an economy run on coffee and re-exported gold, and the dates that matter to foreigners. The post Uganda Explained 2026: Museveni’s Uganda, the Long Wait for Oil, the Economy and What to Watch appeared first on The Rio Times.
O Ministério da Fazenda publicou nessa sexta-feira (25), em edição extra do Diário Oficial da União, uma portaria que assegura a manutenção da subvenção de R$ 2,12 por litro ao óleo diesel. A Portaria nº 2.946 evita a redução do benefício, prevista para este sábado (26) após o término da vigência da Medida Provisória nº 1.363/2026. Notícias relacionadas:Subsídio de R$ 2,12 ao diesel deve ser mantido por 30 dias.Petrobras aumenta diesel, mas subsídio mantém valor final; entenda.De acordo com o ministério, a continuidade da subvenção se deve à persistência da volatilidade dos preços internacionais do petróleo e dos combustíveis. “Como a MP 1.363/2026 encerra sua vigência em 26 de setembro, o Ministério da Fazenda ajustou a portaria para que, a partir de 27 de setembro, o valor de R$ 2,12 por litro passe a ser estabelecido integralmente”, justificou a pasta. Histórico O ministério lembra que a subvenção ao diesel foi criada inicialmente tendo como valor R$ 1,12 por litro. “Posteriormente, diante do agravamento do cenário externo, a MP 1.391 autorizou o Ministério da Fazenda a definir, por ato próprio, o valor da subvenção ao diesel”, acrescentou. Com base nessa autorização, o ministério fixou uma subvenção adicional de R$ 1 por litro, elevando o valor total para R$ 2,12. Em nota, a Fazenda informou que a nova portaria não aumenta a subvenção, e que o objetivo é assegurar a manutenção do valor atualmente praticado diante da persistência da volatilidade dos preços internacionais do petróleo e dos combustíveis.
Get a jump start on the US trading day with Dani Burger on "Bloomberg Open Interest." Bonds stabilize after a brutal week, oil retreats as the U.S. and Iran explore a deal to reopen the Strait of Hormuz, and Anthropic signs another massive data center deal. Plus, Winners Alliance CEO Ahmad Nassar on unlocking tennis’ commercial potential, and State Street’s Anna Paglia on the retail ETF boom. (Source: Bloomberg)
US and Iranian negotiators are exploring a phased deal that would see Tehran reopen the Strait of Hormuz and Washington lift its blockade of Iranian ports, similar to the memorandum of understanding struck in mid-June. Charles Gorrivan reports on Bloomberg Television. (Source: Bloomberg)
Equity futures climbed in New York as oil and Treasury yields pulled back from the recent surges ahead of key data on inflation expectations.
Max Kettner, chief multi-asset strategist at HSBC, says it is tough to call an end to rising bond yields as he sees them “incredibly correlated with oil.” Kettner asks if there is really any point in buying duration as he looks to tech and equities due to strong earnings. He speaks on “Bloomberg Brief.” (Source: Bloomberg)
The USO fund tracking WTI crude settled up 2.86% at US$153.09 as Houthi attacks and soaring Red Sea war-risk premiums rattled supply, while LatAm equities diver The post Oil Wrap: USO up 2.86% on Red Sea Supply Fears appeared first on The Rio Times.
Pan-African · MARKETS Key Facts —The context The U.S. and Israel went to war with Iran in February 2026, disrupting oil shipping through the Strait of Hormuz. —What happened Front-month November Brent futures settled at US$106.60 on Thursday, Sept. 24, up 3.4% on the day. —The warning Yahya Rahim Safavi, an adviser to Iran’s supreme […] The post Brent Crude Tops US$106 as Iran Warns War Could Spread to Indian Ocean appeared first on The Rio Times.
Oil climbed higher Thursday, with Brent futures jumping more than 3%, after a top Iranian military official said Tehran may broaden the war to the Indian Ocean if attacked. Charles Gorrivan reports on Bloomberg Television. (Source: Bloomberg)
Stocks joined bonds lower as higher oil prices stoked worries about inflationary pressures, which were further bolstered by data showing jump in US business activity at the fastest pace since 2021. Gargi Chaudhuri, Global Chief Investment Strategist at BlackRock, discusses the markets and how investors can be more selective amid a higher rate cycle. (Source: Bloomberg)
New Zealand’s central bank warned that near-term inflation could exceed its latest estimates, adding to signs it could raise interest rates again as soon as October.
Oil slips below $100 as rate fears ease, lifting global equities. Brazil watches the Copom minutes and a firm dollar. Your Monday global briefing. The post Global Economy Briefing — September 21, 2026 appeared first on The Rio Times.
WTI eased on September 18, 2026 as Europe faced a Saudi crude cutoff and Macron pushed for emergency stock releases. Petrobras, YPF and Guyana held firm. The post Oil Eases, Hormuz Crisis Keeps Crude Above US$100 appeared first on The Rio Times.
Oman’s Sohar port is becoming a popular spot for ship-to-ship oil transfers amid continued Hormuz blockade.
More than six months after the start of the Iran war, JPMorgan Chase & Co.’s oil analysts are stating what many traders have been saying privately for some time: the path to the end of the war is increasingly impossible to predict.
Saudi Arabia is ramping up prompt spot sales of crude from outside the Strait of Hormuz following the shutdown of the kingdom’s East-West pipeline, which halted cross-country flows to its Red Sea coast.
Crude shipments jumped the most since May as strikes on Saudi infrastructure drove up oil prices
Oil rose for a second day with a critical Saudi Arabian pipeline still offline. The East-West conduit — a workaround for Strait of Hormuz flows — was shut last week after attacks, with Saudi Aramco yet to say when it may restart. Tyler Kendall reports on Bloomberg Television. (Source: Bloomberg)