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13d06/29⚠ war-conflict · 3/5

Gulf Producers Race to Load Oil and LNG as Hormuz Stays Open

Saudi Arabia, the United Arab Emirates, and Qatar continue loading oil and LNG onto vessels at their Persian Gulf ports despite the attacks on two commercial vessels near the Strait of Hormuz and the weekend tensions between the U.S. and Iran. The Middle Eastern producers are rushing to load oil and LNG while the Strait of Hormuz is formally open, even if traffic has slowed since Friday, due to the attack on a fully-laden oil supertanker in the Strait of Hormuz, Reuters reported on Monday, quoti

◇ unclassifiedmiddle-east · russia · usa
13d06/29⚠ shipping-routes · 2/5

Trump Signals Diplomatic Opening After Days of U.S.-Iran Strikes

After some persistent Sunday reports, including in The Wall Street Journal, said that last week's renewed tit-for-tat fighting between the US and Iran in the Strait of Hormuz had 'stalled' the next round of talks, President Trump stated on Truth Social Monday that a meeting on Iran would be held in Doha on Tuesday. He stipulated that Iran has requested the talks. "Iran has requested a meeting. It will take place tomorrow in Doha," Trump wrote on his social media platform in all caps. NBC notes i

◇ unclassifiedmiddle-east · russia · usa
13d06/29⚠ shipping-routes · 3/5

Pakistan LNG Seeks Emergency Cargo After Weekend Hormuz Flare-Up

Pakistan’s state LNG importer is urgently seeking to procure an LNG cargo for delivery this week, with offers due on June 29, as traffic through the Strait of Hormuz remains volatile amid persistent threats to tankers and reignited U.S.-Iran tensions. Pakistan LNG, the state-owned firm, has issued an “urgent request” for LNG cargo delivery between June 30 and July 4, per a tender document cited by Bloomberg. The Pakistani dependence on Middle Eastern LNG created a major gas supply and power cris

◇ unclassifiedmiddle-east · russia · usa
13d06/29

China conducts ground test of hypersonic ramjet that can change shape in flight

At a test facility in China, a hypersonic engine that reshapes its internal airflow channel – much like a throat tightening and relaxing – has operated continuously from a relatively modest Mach 1.8 (nearly twice the speed of sound) all the way to Mach 6 without failing. And the material that kept superheated gases from escaping? Essentially the same black mineral found inside a pencil: graphite. For years, engines of this type could not ignite until the aircraft had already reached Mach 4 –...

◇ unclassifiedchina · asia
13d06/29⚠ war-conflict · 3/5

Strait of Hormuz Tanker Traffic Slows After Fresh U.S.-Iran Strikes

Tanker traffic through the Strait of Hormuz has eased since late last week as vessel owners and operators remain cautious amid the renewed hostilities between Iran and the United States this weekend. On Friday and Saturday, the US Central Command (CENTCOM) forces conducted strikes against multiple targets in Iran, in response to attacks on two vessels near the Strait of Hormuz. The Thursday attack on the container ship Ever Lovely prompted some shipowners to pull back and wait for additional inf

◇ unclassifiedmiddle-east · russia · usa
13d06/29

From Crypto early 10s, to Ai in early 20s, now

I was a Crypto boy in early 2015-2016, and caught it quite well .. The run before it became a total s-show of rug devs and pump-funs was amazing. Became quite wealthy.. lost it all unfortunately.. My friends in the meantime 2020+ started investing in some AI stock, went slow, didn't do much, they stayed ''poor''... until now.. AI Stocks remind me of what Crypto was back in the days. You can put some money in weekly, and just sleep (not even talking alts, Im talking micro-alts) However, I feel li

Social◇ unclassifiedsocial-signal
13d06/29⚠ shipping-routes · 3/5

Oil Prices Climb as U.S.-Iran Flare-Up Shakes Market Complacency

Oil prices were climbing early on Monday morning after a fresh escalation between the U.S. and Iran over the weekend. The price rise was relatively delayed, as markets continue to price in a potential peace deal while discounting more bullish geopolitical catalysts. A growing number of analysts have been arguing that markets are being too optimistic about a quick return of Hormuz traffic and too complacent about the continued drawdown in global inventories to multi-decade lows. At the time of wr

◇ unclassifiedmiddle-east · russia · usa
13d06/29

82% of Wang Fuk Court flat owners accept buy-back offer before priority deadline

More than 80 per cent of owners of the fire-ravaged housing estate, Wang Fuk Court, have accepted the Hong Kong government’s buy-back offer, a day before the deadline for them to secure priority flat selection under a special sales plan. The Housing Bureau said in a statement on Monday that it had received a total of 1,635 signed letters of acceptance, accounting for about 82.4 per cent of the total number of flats in the estate’s eight blocks. “Among them, 1,429 letters came from the seven...

◇ unclassifiedchina · asia · usa
13d06/29

U.S. Pipeline Giant Eyes $5.5 Billion Deal to Expand LNG Reach

U.S. natural gas pipeline giant Williams could be close to one of its biggest acquisitions ever as it is in late-stage talks to acquire gas pipeline operator Momentum Midstream in a deal estimated to be worth about $5.5 billion, sources with knowledge of the development have told Bloomberg. Tulsa-based Williams could announce within weeks the deal to buy Momentum Midstream from private equity firm EnCap Flatrock Midstream, according to Bloomberg’s anonymous sources. The agreement is not a done d

◇ unclassifiedmiddle-east · russia · usa
13d06/29

Hong Kong physiotherapist loses HK$5m in scam involving ‘beautiful assistant’

A Hong Kong physiotherapist has been scammed out of HK$5 million (US$637,570) after falling victim to an online investment trap that involved helping a virtual “beautiful assistant” hit sales targets, police have said. The case, revealed by police on Monday via their Facebook page, was among more than 80 reports of online investment scams received in the past week, with total losses exceeding HK$86 million. Details released on police’s CyberDefender page on Monday showed that the local...

◇ unclassifiedchina · asia
13d06/29⚠ war-conflict · 3/5

Middle East Oil Production Rebounds to 15 Million Bpd

Crude oil production in the Middle East rebounded to between 14.6 million bpd and 15 million bpd earlier this month amid the ceasefire between Iran and the United States, the Financial Express reported today, citing a prediction that full recovery to pre-war levels would come by the end of the year. The prediction comes from Rystad Energy, which said two days ago that it expected oil production to rebound to pre-war levels three months earlier than previously forecast thanks to the progress in p

◇ unclassifiedmiddle-east · russia · usa
13d06/29

China’s LNG Buying Rebounds as Summer Power Demand Surges

China’s imports of liquefied natural gas this month are likely to be unchanged on last year’s, Kpler has forecast, seeing arrivals of a total of 5.29 million tons, as cited by Bloomberg. The June total, however, would be an increase on May LNG imports, which stood at 4.9 million tons, as demand growth intensifies, driven by air-conditioning in the summer. The May figure was a reversal of import trends from the previous few months, which booked a series of declines amid crimped supply from the Mi

◇ unclassifiedmiddle-east · russia · usa
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