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Citigroup: It expects the average price of Brent crude oil to be $70 per barrel in the fourth quarter of 2026 and $65 per barrel in 2027, assuming that the United States and Iran eventually reach an agreement and the Strait of Hormuz is reopened.

2026-07-09

Citigroup: It expects the average price of Brent crude oil to be $70 per barrel in the fourth quarter of 2026 and $65 per barrel in 2027, assuming that the United States and Iran eventually reach an agreement and the Strait of Hormuz is reopened.

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2026-07-09

Iran's Foreign Ministry: Iran and Qatar held a telephone discussion on the Strait of Hormuz incident, emphasizing the need for continued communication and coordination to prevent the escalation of regional tensions.

Iran's Foreign Ministry: Iran and Qatar held a telephone discussion on the Strait of Hormuz incident, emphasizing the need for continued communication and coordination to prevent the escalation of regional tensions.
2026-07-08

On July 8 the New Development Bank (NDB) appointed Fu Daopeng vice president and chief financial officer, responsible for the bank’s financing and funds management, finance, budgeting and accounting. Fu previously served as director of the Hubei Regu

On July 8 the New Development Bank (NDB) appointed Fu Daopeng vice president and chief financial officer, responsible for the bank’s financing and funds management, finance, budgeting and accounting. Fu previously served as director of the Hubei Regulatory Bureau at China’s Ministry of Finance and has nearly 30 years in the public sector, with experience in fiscal policy and international public finance governance and familiarity with UN budget, finance and accounting frameworks and related rules.
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