Brent crude futures fell $4.17
Traders are particularly concerned about the impact on the Strait of Hormuz
The waiver applies only to crude that has already been loaded onto vessels
European gas prices climbed up to 40%
Roughly one fifth of the world’s oil consumption moves through the strait
The drone strike comes amid a wave of assaults across the region
The surge followed continued military strikes by the United States and Israel on Iran
Current U.S. rules bar Blackwell exports to China
The bank warned of downside risks to its fourth-quarter 2026 forecasts
However, such numbers will also place enormous strain on infrastructure
New U.S. partnership could unlock investment in rare earths and lithium — but puts Tashkent at the center of geopolitical competition
Midad will place its all-cash offer in escrow
The agreement was signed during the Ministerial Meeting on Critical Minerals
The average exchange price of gold rose by 52%
For Russian crude, the tariff will go up by 14%
Last year, the country produced about 7,000 tonnes of uranium
The plant will supply domestic beverage producers
Rail shipments declined in December
Russia will provide expert support
The agreement is not exclusive and is conditional on regulatory approvals
The goal is a complete overhaul of the system
The contract to build Uzbekistan’s first nuclear power plant was signed in spring 2024
The latest surge reflects a growing crisis of confidence in the U.S.