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MAERSK CEO: I DON'T EXPECT MORE VESSELS TO BE ESCORTED BY THE U.S. THROUGH THE STRAIT OF HORMUZ IN COMING WEEKS

2026-05-07

MAERSK CEO: I DON'T EXPECT MORE VESSELS TO BE ESCORTED BY THE U.S. THROUGH THE STRAIT OF HORMUZ IN COMING WEEKS

Other News
2026-05-06

As of the 23:00 market close, most domestic futures contracts declined. Caustic soda and TSR20 rubber rose by more than 1%, while rubber and rebar rose by nearly 1%. On the downside, low-sulfur fuel oil (LU) fell by more than 4%, styrene (EB) fell by

As of the 23:00 market close, most domestic futures contracts declined. Caustic soda and TSR20 rubber rose by more than 1%, while rubber and rebar rose by nearly 1%. On the downside, low-sulfur fuel oil (LU) fell by more than 4%, styrene (EB) fell by more than 3%, and liquefied petroleum gas (LPG), fuel oil, ethylene glycol (EG), methanol, butadiene rubber, plastics, propylene, and benzene all fell by more than 2%.
2026-05-07

WTI crude oil fell 4% intraday, currently trading at $93.14 per barrel. Brent crude oil fell below $97 per barrel, down 3.48% intraday. In terms of news, the US and Iran reached an agreement on gradually opening the Strait of Hormuz in exchange for e

WTI crude oil fell 4% intraday, currently trading at $93.14 per barrel. Brent crude oil fell below $97 per barrel, down 3.48% intraday. In terms of news, the US and Iran reached an agreement on gradually opening the Strait of Hormuz in exchange for easing their maritime blockade.
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