Oil
Kuwait Ships Cooking Gas Out of Hormuz as Gulf Producers Go Dark
Kuwait has shipped a cargo of liquefied petroleum gas out of the Persian Gulf through the Strait of Hormuz using a tanker it controls, as more producers opt for clandestine tactics to get energy to markets.
China Taps Commercial Oil Stockpiles to Help Weather Gulf Shock
China has started tapping its commercial crude reserves to help offset the supply shock from the Iran war, although the world’s biggest oil importer is continuing to prioritize lower refinery use and fuel export limits to manage the fallout.
Oil Falls as Israel and Iran Halt Hostilities That Risked Talks
Oil declined after Israel and Iran agreed to end attacks against each other following an escalation of violence that threatened to derail efforts to end the war in the Middle East.
