European Stocks Fall as Iran War Sparks Back-to-Back Weekly Loss
European stocks whipsawed on Friday, ultimately ending the week lower, as oil prices moved back above $100 a barrel and traders reduced risk ahead of the weekend.
European Stocks Rebound on Hopes of Hormuz Passage for Tankers
European stocks rose Friday as oil prices slipped below $100 a barrel, following news reports that several European nations are in talks with Iran for a safe passage for their ships through the Strait of Hormuz, a key…
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2 reports2 sourcesSimilarity 0.48
France, Italy open talks with Iran over Hormuz passage; Italy denies FT report
PARIS/ROME, March 13 - France and Italy have opened talks with Iran seeking to negotiate a deal to guarantee safe passage for their ships through the Strait of Hormuz, the Financial Times reported on Friday, although… Grouped from 2 articles across 2 sources.
Financial Times, The Straits Times
1 report1 sourceSimilarity 0.42
Trump says it’s an ‘honor’ to keep Strait of Hormuz open for China and other countries
President says he will keep the Strait of Hormuz open for the world, including China, while announcing plans to waive oil sanctions to lower energy prices.
Fox News
1 report1 sourceSimilarity 0.40
European Gas Set for Weekly Drop as Traders Await Iran War Signs
European natural gas headed for a weekly decline as traders await more signs on how the Iran war will unfold and affect global energy supplies after the initial shock for LNG markets was priced in.
Bloomberg
2 reports2 sourcesSimilarity 0.39
Poor in an oil-rich country: Republic of Congo’s youth hope for change
In an oil-producing country where 60 percent of people are under 25, nearly half the population lives in poverty. Grouped from 2 articles across 2 sources.
Al Jazeera, NBC News
1 report1 sourceSimilarity 0.29
Supertankers Build Up in Red Sea as Saudi Races to Bypass Hormuz
Saudi Arabia’s race to bypass the Strait of Hormuz has led to a buildup of oil supertankers waiting off the kingdom’s Red Sea coast to collect cargoes, as Riyadh tries to overcome unprecedented disruption caused by the…
Bloomberg
1 report1 sourceSimilarity 0.28
Strike in Strait of Hormuz may be message to U.S., analyst says
The strike appears to have come without warning, and shows that Iran and its proxies can target ships even without mining the Strait of Hormuz.
CBS News