The global oil market is “in for a shock” as the Middle East conflict will likely extend for a prolonged period with Iran leveraging control of the Strait of Hormuz, said Randa Fahmy, a former US associate deputy energy secretary.
The global oil market is “in for a shock” as the Middle East conflict will likely extend for a prolonged period with Iran leveraging control of the Strait of Hormuz, said Randa Fahmy, a former US associate deputy energy secretary.
South Korea will use extra tax revenue to fund a supplementary budget to cushion households and businesses from surging oil prices triggered by the Iran war, the nation’s finance minister said.
South Korea will use extra tax revenue to fund a supplementary budget to cushion households and businesses from surging oil prices triggered by the Iran war, the nation’s finance minister said.
Samsung Electronics Co. expects memory chip supply shortages to raise prices across the electronics industry, including potentially among its own consumer products.
Samsung Electronics Co. expects memory chip supply shortages to raise prices across the electronics industry, including potentially among its own consumer products.
Tokyo Gas Co., Japan’s biggest distributor of the fuel, plans to invest in US downstream assets to lift earnings and reinforce the last leg of its energy supply chain.
Tokyo Gas Co., Japan’s biggest distributor of the fuel, plans to invest in US downstream assets to lift earnings and reinforce the last leg of its energy supply chain.
Mizuho Financial Group Inc.’s chief executive officer expressed optimism that momentum in investment banking will continue both at home and in the US, where Japan’s third-biggest lender has been expanding.
Mizuho Financial Group Inc.’s chief executive officer expressed optimism that momentum in investment banking will continue both at home and in the US, where Japan’s third-biggest lender has been expanding.
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