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16/06/2025
Abu Dhabi National Oil Company has agreed to acquire Santos, an Australian company, at a cash price of 8.89 Australian dollars per share.
Latest
1 m ago
Swiss producer/import price index in May fell by 0.7% on an annual basis, compared to the previous value of -0.50%. On a monthly basis, the index decreased by 0.5%, compared to the previous value of 0.10%.
1 m ago
Investors are cautious ahead of the Federal Reserve meeting, with the US dollar index holding steady and waiting for policy signals.
1 m ago
Bank of China: The escalation of the Middle East crisis is worrying, especially the attacks on energy facilities.
1 m ago
The Royal Bank of Canada stated that as the conflict between Israel and Iran continues in the Middle East, the supply of oil is facing increasing risks with energy now "clearly becoming a target for attack." Analysts, including Helima Croft, pointed out in a report that on the second day of the conflict, both Israel and Iran targeted energy infrastructure, which is obviously concerning. In a possible scenario, Israel may choose to attack Iran's Hark Island terminal to disrupt the flow of crude oil, while Iranian proxies may attack energy facilities in Iraq. This crisis has prompted banks to consider a range of possible outcomes, including the possibility of disruptions in oil transportation through the Strait of Hormuz. If regime change indeed becomes a core objective for Israel, the Iranian leadership may not prioritize maintaining stable oil supply. However, the recent market concerns about the risk of "closing the Strait of Hormuz" may have been exaggerated.
2 m ago
Acting Finance Minister of South Korea: Measures will be taken to stabilize food prices. The tax exemption on oil products will be extended until the end of August. The tax exemption on car purchases will be extended until the end of December.
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