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TSMC: WORKING HARD TO ENSURE WE CAN MEET CUSTOMER DEMAND
2026-04-16
TSMC: WORKING HARD TO ENSURE WE CAN MEET CUSTOMER DEMAND
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2026-04-16
CATL SURGES 10% IN HONG KONG TO RECORD HIGH
CATL SURGES 10% IN HONG KONG TO RECORD HIGH
2026-04-16
The US will not renew general licenses that previously allowed limited purchases of Russian and Iranian crude, according to Treasury Secretary Scott Bessent. He said the waivers, used for temporary sanctioned oil shipments, will be allowed to expire
The US will not renew general licenses that previously allowed limited purchases of Russian and Iranian crude, according to Treasury Secretary Scott Bessent. He said the waivers, used for temporary sanctioned oil shipments, will be allowed to expire as part of broader pressure on Tehran and Moscow. The decision comes as disruptions in the Strait of Hormuz continue to restrict global crude flows and push oil prices higher. Officials indicated the move could tighten global supply further, even as some countries had sought extensions to ease market impacts.
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