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U.S. Futures Stabilize as Brent Rises 1.1% on Hormuz Tensions
Index Futures Remained Close to Flat
Futures on the main U.S. stock indexes stabilized on August 19 following a sharp technology-sector selloff during the previous...
U.S. Lifts 12-Year Restrictions on Ships Calling at Nigerian Ports
Restrictions Had Been in Place Since 2014
The United States has lifted special Conditions of Entry for vessels arriving after calling at designated Nigerian ports....
UAE Suspends All Trade and Financial Transactions with Iran
Restrictions Will Remain in Force Until Further Notice
The United Arab Emirates has suspended all trade exchanges, commercial cooperation and financial transactions with Iran. According...
U.S. Treasury Links Hengli to More Than 5 Million Barrels of Iranian Oil
OFAC Sanctions Hengli’s Dalian Refinery
The U.S. Treasury Department’s Office of Foreign Assets Control sanctioned Hengli Petrochemical (Dalian) Refinery Co. Ltd. on April 24. The...
Panama Canal Turns 112 as Transits Rise 6.12% to 10,623 Vessels
Canal Marks 112 Years With Higher Traffic
The Panama Canal, which opened on August 15, 1914, has marked 112 years of operations. According to the...