|
|
|
|
|
|
|
|
|
|
|
23.06.25 - 17:18
|
Rabo: Even If Iran Does Not Close Hormuz, Insurance Costs Will Soar Pushing Oil Prices Higher (ZeroHedge)
|
|
Rabo: Even If Iran Does Not Close Hormuz, Insurance Costs Will Soar Pushing Oil Prices Higher
By Michael Every and Benjamin Picton of Rabobank
The world didn't have to wait long for Donald Trump to make up his mind over bombing Iran's nuclear facilities. Trump last week suggested that he would make a decision “within the next two weeks”, but that appears to have been a case of misdirection with a mission already in train to strike Fordo, Natanz and Esfahan.
Seven B-2 Spirit bombers deployed from Missouri dropped fourteen 30,000lb bunker buster bombs (the world's most powerful non-nuclear weapons) on Fordo and Natanz, while a guided missile submarine hit the Esfahan facility with dozens of Tomahawk missiles. Trump, Hegseth and the Chairman of the Joint Chiefs have said that the strikes were an overwhelming success, “obliterating” the Iran's nuclear program.
Markets are, predictably, in risk-off mode this morning as traders contemplate what comes next, but given the gravity of the ev...
|
|
23.06.25 - 15:00
|
Anker, Romoss recall over 1.2 million power banks amid fire risks (SCMP)
|
|
Two major Chinese electronics manufacturers, Anker and Romoss, have launched massive recall programmes for over 1.2 million power banks, marking one of China's largest gadget removal efforts in recent years, with both companies citing problematic battery cells that overheat and made them fire hazards.
Anker - based in Changsha, capital of central Hunan province -announced its recall on Friday, affecting over 712,000 units across seven power bank models. The company attributed the issue to an......
|
|
|
|
|
|
|
|
|
|