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Ship Testing US Hormuz Blockade Appears to U-Turn After Crossing
A US-sanctioned tanker linked to China that was being watched as one of the first vessels to test President Donald Trump’s naval blockade appeared to U-turn after sailing out of the Strait of Hormuz.
JP Morgan traders rake in record revenues as Iran war sparks turmoil on financial markets
he US banking giant said trading revenues jumped 20 per cent to £8.5billion in the first quarter of the year as turmoil triggered by conflict in the Middle East boosted business.
Around 217,000 cyberattacks thwarted in Russia in 2025
"The number of cyberattacks has increased and in recent years has consistently remained at more than 200,000," Deputy Director of the National Coordination Center for Computer Incidents Pyotr Belov said
Fuel prices stop rising after 43 days of increases, RAC says
Fuel prices stop rising after 43 days of increases, RAC says7 minutes agoShareSaveAdd as preferred on GoogleTheo LeggettTransport correspondentGetty ImagesThe price of petrol and diesel has stopped rising after 43 days of increases, according to the latest figures from motoring organisation the RAC.The temporary ceasefire in the Gulf has brought the price of crude oil down from its recent peaks, and with it the cost of fuel on wholesale markets.However, prices still remain sharply higher than be...
Citigroup Posts Highest Quarterly Revenue in a Decade
Citigroup traders pushed the bank to its highest quarterly revenue in a decade, with the fixed-income unit generating $5.2 billion of revenue in the first quarter. Dani Burger reports on Bloomberg Television. (Source: Bloomberg)
Dollar and VIX Are Back in Tandem as Iran War Usurps Tariff Bets
The dollar’s traditional relationship with equity market volatility has been revived by the war in Iran, a signal that haven-seeking investors are finding safety in the US assets they snubbed after last year’s tariff turmoil.
Rosseti’s investment program to rise to $11.76 bln in 2026
The company’s investment program totaled $9.48 bln in 2025
EU to Bet on Electricification to Avert Recurring Energy Crises
The European Union will float a series of measures next week to help the continent deal with the Iran war’s energy price fallout, as well as electrify the economy to avert future fossil fuel shocks.
Europe has pumped 1.5 bcm of gas into UGS facilities for next winter
Currently, European underground gas storage facilities are 29.5% full
Citi Logs Best Returns in Five Years as Fraser Revamp Takes Hold
Citigroup Inc. traders rode a wave of volatility to push the Wall Street bank to its highest quarterly revenue in a decade, notching another success for Chief Executive Officer Jane Fraser’s turnaround plan.
Merz Says EU €90 Billion Loan for Kyiv Should Be Disbursed Now
German Chancellor Friedrich Merz said a European Union €90 billion ($106 billion) loan for Ukraine must be disbursed rapidly after an electoral defeat for Hungarian Prime Minister Viktor Orban eliminated a major roadblock to the funding.
Property Mogul Targets Top Texas Finance Job With Anti-Tax Pitch
The Texas comptroller’s office, with its spreadsheets and spending reports, doesn’t typically draw ideological firebrands. But Don Huffines doesn’t plan on being a typical Texas comptroller.
Druzhba pipeline to be repaired by end of April, Zelensky says
"Not completely but enough to function," Vladimir Zelensky said
Horizons Middle East & Africa 04/14/2026 (Video)
Fuel costs push Spanish inflation to 21-month high
Spanish inflation jumped to a 21-month high of 3.4 percent in March as the Middle East war caused fuel prices to spike, revised data showed on Tuesday. Transport costs increased 5.3 percent year-on-year due to higher prices for fuel and lubricants for personal vehicles, statistics office INE said in a statement, revising upwards a preliminary March inflation estimate of 3.3 percent. Read Also: Spain’s Sanchez calls China trade imbalance with EU ‘unsustainable’ Housing, clothing...
UK’s Reeves Calls Out Folly of US War in Iran Without Exit Plan
UK Chancellor of the Exchequer Rachel Reeves criticized US President Donald Trump over the damage his conflict in the Middle East has wreaked on the global economy and accused him of going to war without an exit strategy.
UK Pays Highest Yield for 10-Year Gilt Sale Since 2008
The UK sold 10-year bonds at the highest yield since the global financial crisis, drawing in record numbers of buyers keen to lock in returns that may fall back if the Middle East war comes to an end.
Indonesia Agrees to Receive Oil, Gas Supplies From Russia - Indonesian Energy Ministry
JAKARTA (Sputnik) - Indonesia has secured agreements on the supply of crude oil, fuel and liquefied petroleum gas from Russia, Indonesian Minister of Energy and Mineral Resources Bahlil Lahadalia said on Tuesday.
Rosseti’s investment program rises to $9.48 bln in 2025
The total financing of the consolidated investment program of the Rosseti Group in 2025 amounted to 725 bln rubles
China’s coal imports up 1.3% in January-March to 116 mln tons
In value terms, coal supplies to China from other countries fell by 6% in the reporting period to $8.73 bln