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TASNIM NEWS reported that despite some media claims of a fire on Kharg Island, satellite imagery analysis showed the observed thermal increase was not the result of a US strike but routine, planned gas flaring at the island's oil facilities, with act

2026-07-13

TASNIM NEWS reported that despite some media claims of a fire on Kharg Island, satellite imagery analysis showed the observed thermal increase was not the result of a US strike but routine, planned gas flaring at the island's oil facilities, with activity unchanged from early January 2026. Speculation of an attack on Kharg's oil infrastructure remains unconfirmed.

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2026-07-13

At the close of the morning session, domestic futures contracts showed mixed results. Fuel oil rose over 4%, synthetic rubber and ethylene glycol (EG) rose nearly 4%, benzene and liquefied petroleum gas (LPG) rose over 3%, and styrene (EB), SC crude

At the close of the morning session, domestic futures contracts showed mixed results. Fuel oil rose over 4%, synthetic rubber and ethylene glycol (EG) rose nearly 4%, benzene and liquefied petroleum gas (LPG) rose over 3%, and styrene (EB), SC crude oil, low-sulfur fuel oil (LU), and methanol rose over 2%. On the downside, Shanghai silver fell nearly 3%, and live hogs, platinum, and coking coal fell over 2%.
2026-07-13

U.S. President Trump’s approval at 59%; inflation easing and oil and gas prices declining.

U.S. President Trump’s approval at 59%; inflation easing and oil and gas prices declining.
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