The record
Written by software from the 1 report below. The points restate them; where one says why it matters, that is Prism's reading, not a reported fact.
- Oil prices saw a slight decline on Friday following a week of volatility driven by conflict in the Middle East.
- Negotiators in New York are discussing a potential de-escalation path involving the Strait of Hormuz and the lifting of economic blockades.
- Meanwhile, Saudi Arabia recently intercepted ballistic missiles aimed at oil-related areas.
- Global markets continue to monitor these developments as they affect oil supplies.
What to watch next
- Progress in truce negotiations between US and Iranian negotiators in New York
- Resumption of crude tanker loadings at the Yanbu export hub
- Future Houthi militant attacks on critical energy infrastructure
Who said what3
Only words found exactly in the article are shown, attributed and linked to the line they came from.
Tim Waterer
chief analyst at KCM Trade
2 quotes · 1 outlet
“Diplomatic hopes are essentially helping oil prices weather the latest military strikes in the Middle East, with crude trading moderately softer despite the attacks”
In the article
…negotiators in New York are exploring a phased path out of war that would involve Tehran reopening the Strait of Hormuz and Washington lifting its economic blockade of Iran, sources close to the talks said this week. “ Diplomatic hopes are essentially helping oil prices weather the latest military strikes in the Middle East, with crude trading moderately softer despite the attacks ,” said Tim Waterer, chief analyst at KCM Trade. Since the war began at the end of February, around a fifth of the world’s oil and gas shipments have been curtailed, pushing up prices by 50% in March alone while driving…
“serve as a clear reminder that critical oil assets remain firmly in the firing line”
In the article
…intercepted six ballistic missiles fired by Yemen's Iran-backed Houthis, thwarting attacks on the southern province of Taif and the Yanbu area on the Red Sea, the Saudi-led coalition in Yemen said. Ongoing attacks “ serve as a clear reminder that critical oil assets remain firmly in the firing line ,” Waterer said. Saudi Arabia is building up crude pumping volumes through its East-West Pipeline that runs to its Red Sea export hub of Yanbu, although crude tanker loadings have yet to resume, according to industry…
Masoud Pezeshkian
Iranian President
1 quote · 1 outlet
“It's America that must choose whether it wants to end this or not”
In the article
…liquefied natural gas buyers to look further afield for new, stable supplies of the super-chilled fuel. On Thursday, Iranian President Masoud Pezeshkian said it was up to the US to choose when the Iran war will end. " It's America that must choose whether it wants to end this or not ," Pezeshkian said, responding to a question in an interview aired on Thursday on Fox News. Saudi Arabia intercepted six ballistic missiles fired by Yemen's Iran-backed Houthis, thwarting attacks on the southern…
Coverage1
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Named United States · Iran · Saudi Arabia · Yemen · Fox News · Houthi · KCM Trade · Masoud Pezeshkian · Tim Waterer
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