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13.03.26 - 15:57
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In Scramble To Open Up Hormuz, France & Italy Open Talks With Iran After India′s Request (ZeroHedge)
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In Scramble To Open Up Hormuz, France & Italy Open Talks With Iran After India's Request
Amid very confused and mixed messaging coming from Washington over the status and future fate of Hormuz oil transit, the EU is trying its hand at a solution.
France and Italy have opened 'tentative' talks with Iran seeking to negotiate a deal to guarantee safe passage for their tankers through vital strait which remains a crucial chokepoint for stalled global crude transit, the Financial Times reports Friday, citing people briefed on the efforts.
This comes as US Secretary of War Pete Hegseth said in a Friday morning Pentagon briefing there is "no clear evidence that Iran has laid mines" in the Strait. This contradicts an avalanche of reporting from earlier this week which said at least a dozen mines were laid.
The two key overnight and morning headlines which have most impacted oil markets remain confirmed India-Iran talks for safe passage, and now EU ef...
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13.03.26 - 12:36
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CAC 40 Modestly Lower In Cautious Trade (AFX)
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BRUSSELS (dpa-AFX) - French stocks are showing weakness on Friday, losing ground for the third consecutive session, amid rising concerns about inflation due to the conflict in the Middle East. Dat......
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13.03.26 - 11:12
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French Inflation Rises Less Than Estimated (AFX)
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PARIS (dpa-AFX) - France's consumer price inflation rose slightly less than estimated in February, final data from the statistical office INSEE showed Friday.The consumer price index logged an ann......
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