Vitol caught in crossfire as UAE blocks Sudan oil shipments
Halt in flow of South Sudan crude exports to Fujairah disrupts supplies to one of the world’s busiest marine fuel hubs
Economic news
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US permits Trinidad and Tobago to negotiate gas deal with Venezuela
Authorisation allows Shell-led project to continue after years of sanction-related disruption
HSBC’s takeover of Hang Seng is a sign of deals to come
The combination should be worthwhile if it creates cost savings
Venture Global loses arbitration with BP over disputed LNG cargoes
US exporter was accused of breaching contracts to profit from higher prices during Russia’s invasion of Ukraine
US Treasury intervenes in Argentina’s currency market
Scott Bessent announces $20bn ‘currency swap framework’ with the South American country’s central bank
US justice department launches inquiry into First Brands
New York prosecutors’ probe into bankrupt company is at an early stage and described as a fact-finding mission