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FRENCH AIRCRAFT CARRIER IN THE RED SEA IS READY TO HELP ESCORT SHIPS

2026-05-06

FRENCH AIRCRAFT CARRIER IN THE RED SEA IS READY TO HELP ESCORT SHIPS

Other News
2026-05-06

The bid-to-cover ratio for the US 4-month Treasury bond auction ending May 6 was 3.13, compared to 2.78 previously.

The bid-to-cover ratio for the US 4-month Treasury bond auction ending May 6 was 3.13, compared to 2.78 previously.
2026-05-06

OPEC crude production fell to a 36-year low in April at 20.55 million b/d, down 420,000 b/d, driven by Iran war disruptions and Strait of Hormuz shutdown, a Bloomberg survey showed. Kuwait saw the largest decline, down 470,000 b/d, while Iran output

OPEC crude production fell to a 36-year low in April at 20.55 million b/d, down 420,000 b/d, driven by Iran war disruptions and Strait of Hormuz shutdown, a Bloomberg survey showed. Kuwait saw the largest decline, down 470,000 b/d, while Iran output fell 180,000 b/d to 3.05 million b/d amid US blockade pressure. The Persian Gulf supply loss has lifted fuel prices and raised inflation and recession risks, while oil markets remain volatile amid shifting diplomacy signals. OPEC members also agreed to proceed with a symbolic output quota increase in June despite disruptions.
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