Nigerian govt speaks on Shell asset sales
The Nigerian unit of London-based oil supermajor Shell Plc had on Monday announced it struck a deal with a consortium of five companies
Source: premiumtimesng.com
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Stocks, Bonds Fall as Traders Tweak Rate Cut Hopes: Markets Wrap
(Bloomberg) -- Equities in Asia traded mixed and Treasuries cooled Wednesday after a selloff in US stocks and bonds as investors reined in bets for Federal Reserve rate cuts this year.Most Read from BloombergBonds Slide as Fed’s Waller Downplays Need to Rush: Markets WrapIowa Latest: Haley Unveils New Ad, Looking to New HampshireMusk Pressures Tesla’s Board for Another Massive Stock AwardApple to Allow Outside Payments for Apps After US DecisionTrump Scores Easy Win in Iowa With DeSantis a Dista
Source: yahoo.com
Chevron Still Plans to Ship Cargo Along Red Sea Route, CEO Says
The California-based oil giant is working with naval authorities in the U.S. and Middle East to move its cargoes through the region, said CEO Mike Wirth.
Source: supplychainbrain.com
Red Sea crisis could last a year with Houthi attacks 'just increasing'
From oil to Home Depot, persistent Houthi attacks in Red Sea and diversion of oil tankers and shipping will lead to a freight supply crunch and higher prices.
Source: cnbc.com
Insurers seek to exclude US, UK ships from Red Sea coverage
Houthi militants have stepped up attacks on commercial ships in the past few days, making good on a threat to respond to airstrikes that the US and UK carried out on Friday.
Source: indiatimes.com