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30.06.26 - 11:54
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Barrel of backups: India′s crude imports bounce back despite Middle East disruptions (Times of India)
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India's crude oil imports are nearing pre-conflict levels, thanks to refiners diversifying away from traditional Gulf suppliers. Purchases from Russia, the US, and other regions have compensated for Middle East disruptions. Russia remains a favored source due to attractive pricing. While the Strait of Hormuz has reopened, Asian refiners are cautious about immediate increases in Gulf purchases, focusing on existing cargo coverage and maintenance schedules....
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30.06.26 - 07:30
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Tay: Mideast War Pushed China to Diversify Energy Usage (Bloomberg)
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China's factory activity improved more than forecast in June amid booming exports. The official manufacturing purchasing managers' index climbed to 50.3 and the measure of activity in construction and services rose slightly to 50.2. Erica Tay, Macro Research Director at Maybank spoke to Bloomberg's Abeer Abu Omar on Horizons Middle East and Africa on the growth in China. (Source: Bloomberg)...
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29.06.26 - 13:24
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Markets Swayed By Middle East Strikes And Talks (AFX)
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CANBERA (dpa-AFX) - Sentiment in global markets remains tethered to the geopolitical situation in the Middle East amidst a fresh round of mutual attacks over the weekend. However, unconfirmed repo......
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29.06.26 - 08:06
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Bahrain doubles down on Hong Kong to woo mainland China capital amid Middle East tensions (SCMP)
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Bahrain has deepened its presence in Hong Kong to tap mainland China capital, as the Gulf state launches a charm offensive to court foreign investors amid the US-Israel war on Iran.
Two major Bahraini investors have already placed bets in Hong Kong to seize rising opportunities in China, while the kingdom's investment promotion agency has vowed to lure more capital with financial deregulation.
“We are here to make sure that we continue the momentum and continue the extensive engagement with......
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