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Goldman Sachs: Recent attacks highlight the uncertainty surrounding the export outlook in the Gulf region, and a serious escalation of the situation could exacerbate the risk of short-term upward movement in oil prices.

2026-07-13

Goldman Sachs: Recent attacks highlight the uncertainty surrounding the export outlook in the Gulf region, and a serious escalation of the situation could exacerbate the risk of short-term upward movement in oil prices.

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2026-07-12

China's Ministry of Water Resources upgraded its flood warning to yellow at 13:01 on July 12, citing the northward advance of Typhoon Bavi. Forecasts for July 12-14 call for heavy to very heavy rain across eastern and central Jiangnan, most of Jiangh

China's Ministry of Water Resources upgraded its flood warning to yellow at 13:01 on July 12, citing the northward advance of Typhoon Bavi. Forecasts for July 12-14 call for heavy to very heavy rain across eastern and central Jiangnan, most of Jianghuai, eastern/southern Huanghuai, parts of North China and the Northeast. Widespread accumulations are expected at 40-90 mm; parts of central/southern Anhui, northeastern Jiangxi, eastern Zhejiang, eastern/central Liaoning and eastern Jilin are forecast 100-180 mm, with isolated totals potentially exceeding 260 mm.
2026-07-12

On the 12th local time, a US-led maritime information center said the southern route of the Strait of Hormuz off Oman's coast remains open to two-way traffic despite Iranian claims the strait had been closed. The center said US forces are prepared, u

On the 12th local time, a US-led maritime information center said the southern route of the Strait of Hormuz off Oman's coast remains open to two-way traffic despite Iranian claims the strait had been closed. The center said US forces are prepared, under international law, to defend freedom of navigation and lawful commercial activity. It added the security threat level in and around the strait remains "serious".
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