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Source: CNBC News Agency
19 hours ago
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Here's what the Saudi East-West pipeline shutdown means for Asia's biggest crude importers

Here's what the Saudi East-West pipeline shutdown means for Asia's biggest crude importers

South Korea appears the most directly exposed to the pipeline's shutdown, with Saudi crude accounting for 34.1% of its crude imports in July. A significant volume of Asia-bound crude previously transiting Hormuz pre-war had been shifted to the now-closed pipeline, experts say.

Source: CNBC
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Source: Reuters News Agency
19 hours ago
General Medium Importance AI Analyzed
Morgan Stanley's 1GT leads $56 million funding round in Australia's Amber Electric

Morgan Stanley's 1GT leads $56 million funding round in Australia's Amber Electric

Morgan Stanley's Investment Management's (MSIM's) climate-focused private equity strategy has led a €49 million ($56.22 million) Series ​E funding round in Amber Electric to ‌finance its expansion across Europe, the US company said on Monday.

Source: Reuters
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Source: Bloomberg Markets and Finance News Agency
21 hours ago
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Trump 'Probably' Open to Meeting Iran's Pezeshkian

Trump 'Probably' Open to Meeting Iran's Pezeshkian

US President Donald Trump told Fox News he would "probably" be open to meeting his Iranian counterpart, Masoud Pezeshkian, on the sidelines of the UN General Assembly in New York this week. Oil dropped for a fourth day, with Brent set for the longest losing run since June, as traders focus on diplomatic efforts to end the US-Iran war.

Source: Bloomberg Markets and Finance
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