"There is, however, a risk that the OPEC+ decision is moot if flows do not resume through the Strait of Hormuz."
Shares in Singapore Airlines are down by 4.5%, while Qantas and Japan Airlines are down by 5.4% and 5.6% respectively.
Louise Herrle said it was her third time trying to visit the area. Previous trips were canceled by the COVID-19 pandemic and the Hamas attack on Israel in October 2023.
In Karachi, police said that protesters briefly attacked the perimeter of the U.S. Consulate, but were later dispersed.
Abu Dhabi Securities Exchange and Dubai Financial Market will be closed on March 2 and March 3, the UAE Capital Market Authority said.
Drone attack on Saudi Arabia refinery raises risk for global energy markets
British prime minister gives green light to Washington to utilise facilities including Diego Garcia
Bank among lenders to have identified issues with Market Financial Solutions after other high-profile failures
Fears mount that outflows may soon overwhelm inflows to some of largest players
US president’s Pentagon has been busier during the past 12 months than nearly his entire first presidency
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