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Mitsui O.S.K. Lines (MOL) said LNG shipments via the Strait of Hormuz are unlikely to resume soon, warning a prolonged disruption could keep prices elevated and curb Asian demand. Chairman Takeshi Hashimoto said, as long as the situation continues, s

2026-09-16

Mitsui O.S.K. Lines (MOL) said LNG shipments via the Strait of Hormuz are unlikely to resume soon, warning a prolonged disruption could keep prices elevated and curb Asian demand. Chairman Takeshi Hashimoto said, as long as the situation continues, shipping LNG through the Strait is almost impossible and the company is very pessimistic on the near-term outlook. MOL has stopped routing LNG tankers through the Strait, which before the conflict carried about 20% of global supply. The disruption has pushed Asian spot LNG prices to their highest since 2022; with winter heating demand approaching, prices could rise further and many Asian buyers have already cut purchases.

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2026-09-15

Wells Fargo cut its S&P 500 year‑end 2026 target to 7,700 from 7,950; upgraded US healthcare to overweight from neutral and downgraded US technology to neutral from overweight.

Wells Fargo cut its S&P 500 year‑end 2026 target to 7,700 from 7,950; upgraded US healthcare to overweight from neutral and downgraded US technology to neutral from overweight.
2026-09-15

[Betsant Says Private Sector Has Created Over 1 Million Jobs Under Trump Administration] U.S. Treasury Secretary Bessant stated that under the President's leadership, the private sector has created over 1 million jobs. Real wage growth has outpaced i

[Betsant Says Private Sector Has Created Over 1 Million Jobs Under Trump Administration] U.S. Treasury Secretary Bessant stated that under the President's leadership, the private sector has created over 1 million jobs. Real wage growth has outpaced inflation. The lowest 25% of earners have seen higher wage growth than the highest-earning group. The Working Families Tax Cuts Act has directly benefited millions of low- and middle-income Americans with the largest share of tax breaks.
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