Oil
Oil Holds Near $107 With Mideast Impasse, World Inventories Drop
Oil largely held its 8% surge over the past three sessions, as Middle East tensions simmer and global stockpiles shrink at a record pace.
Oil Tanker U-Turns Into Gulf of Oman After Exiting Hormuz
An oil supertanker that exited the Gulf on Sunday hauling a cargo of Iraqi crude appears to have stopped shy of the US naval blockade line and is now turning back into the Gulf of Oman.
IFM Issues Ultimatum Over A$3 Billion Australia Fuel Project
IFM Investors Pty warned it may scrap a proposed A$3 billion ($2.2 billion) investment to make sustainable aviation fuel in Australia, unless the government mandates that airlines use the product.
