EUR/USD
1.13690
0.018%
Gold
4050.56
-0.637%
Oil
80.093
-1.327%
USD/JPY
163.687
-0.029%
GBP/USD
1.32943
0.050%
GBP/JPY
217.615
0.041%
Real-time News
July 28 - As Houthi threats disrupt Red Sea trade, empty supertankers are heading to the Egyptian Mediterranean port of Sidi Kerir to load Saudi crude oil, while observable vessel traffic at Saudi Arabias key Red Sea export hub is decreasing. Ship tracking data shows that at least eight Very Large Crude Carriers (VLCCs) have set Sidi Kerir as their destination and are scheduled to arrive in the coming weeks until mid-August. Saudi Aramco has been increasing the amount of oil supplied through the Egyptian port after the Iranian-backed Houthi attack on a vessel in the Red Sea last week. Earlier on Tuesday, no tankers were observed docking at the Saudi Red Sea port of Yanbu, although some vessels may have switched off their transponders to load cargo in an attempt to evade detection.Italian oil company Eni announced a final investment decision for its Cronos project in Cyprus. The goal is to bring Cypriot natural gas to market in 2028, with production expected to reach a stable level of 500 million standard cubic feet per day.According to RIA Novosti, Russia attacked a ship carrying military supplies to Ukraine in the Black Sea off the Mikolaiv region of Ukraine.Total Energy: It is developing the project in partnership with Italian oil company Eni, with Total Energy holding a 50% stake and Eni holding a 50% stake and acting as the operator.Barclays (BCS.N) announced a total of £2.3 billion in capital allocation to shareholders.
