Tag: Energy Markets
“Shell Profits Surge to 6.9Billion Dollars Amid Iran War, Fueling Calls...
LONDON (FN), Shell reported first‑quarter profits of 6.9 billion dollars, more than double the 3.2 billion dollars it earned in the previous quarter, as...
U.S. Military Drafts Plans to Strike Iran’s Hormuz Defenses if Ceasefire...
WASHINGTON (FN), The U.S. military is drafting contingency plans to strike Iranian defenses in the Strait of Hormuz if a fragile ceasefire collapses, officials...
U.S. Confirms Iranian Port Blockade; Trump Suggests Peace Talks
WASHINGTON(FN), The United States announced that its blockade of Iranian ports has been “fully implemented,” even as President Donald Trump suggested the possibility of...
IMF Warns Iran Conflict Could Push Global Economy Toward Recession
WASHINGTON (FN), The International Monetary Fund cautioned Tuesday that the global economy could slide into recession if the war in Iran drags on, citing...
Trump Warns of Action if Strait of Hormuz Remains Closed
TEHRAN, Iran (FN), Iran on Sunday rejected calls for a temporary ceasefire in the Gulf, escalating tensions as U.S. President Donald Trump set a...
