Energy diplomacy
Hormuz Reopening Deal Begins Longer Test for Energy Markets
A U.S.-Iran agreement may ease pressure from the energy crisis, but the recovery hinges on whether companies trust the deal to hold and be extended
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- BP leadership shake-up Ousted BP Chair Albert Manifold Rejects ‘Lies’ About His Conduct Manifold said he accepted BP’s decision to remove him but denied crossing a line, while the company said it stood by its statement on governance and conduct concerns
- Strait of Hormuz Trump says US will guide stranded ships out of Hormuz as Iran warns against intervention The initiative, called “Project Freedom,” is set against a dangerous maritime standoff, disrupted energy shipments and unanswered questions over how the Navy would move vessels safely
- Markets CNBC flags oil, gas and commodity themes in studio strategy roundup A CNBC London studio segment teased three investment approaches for a noisy market, but the available source summary did not provide the full recommendations or rationale