Asian Refiners Turn to Argentina as Iran War Disrupts Oil Supply
Asian refiners are purchasing crude oil from Argentina to mitigate supply disruptions caused by conflict in the Middle East, seeking alternatives that avoid geopolitical chokepoints.
Asian refiners are purchasing crude oil from Argentina to mitigate supply disruptions caused by conflict in the Middle East, seeking alternatives that avoid geopolitical chokepoints.
Türkiye’s capital markets regulator introduced restrictions on hedge fund holdings, including limits on investments in related companies and concentrated positions, with compliance required by end of year.
Lithium miners reported strong first-half profits as battery storage demand surged 45% year-over-year, with Chinese and U.S. producers planning capacity expansions.
Private equity pursued a record 529 construction and engineering deals in the second quarter, driven largely by the AI data center boom and specialty trades supporting facility development.
Bitcoin traded near $78,500 as multiple macroeconomic pressures mounted, including Japanese yen weakness, geopolitical tensions, and shifting Federal Reserve rate expectations.
Berkshire Hathaway Class B shares closed nearly 1% lower Monday despite CEO Greg Abel’s well-received first annual meeting performance and an 18% jump in first-quarter operating earnings.