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Real-time News

2026-06-16

An agency reported in the early hours of the 16th that three explosions were heard south of Iran's Qeshm Island and nearby areas. Initial reports indicate the blasts may have been intended to divert shipping traffic in the Strait of Hormuz.

An agency reported in the early hours of the 16th that three explosions were heard south of Iran's Qeshm Island and nearby areas. Initial reports indicate the blasts may have been intended to divert shipping traffic in the Strait of Hormuz.
2026-06-16

Venezuela signed a cooperation agreement with General Electric's Venezuela unit, state TV reported.

Venezuela signed a cooperation agreement with General Electric's Venezuela unit, state TV reported.
2026-06-16

According to Venezuelan state television: Venezuela and General Electric Venezuela have signed a cooperation agreement.

According to Venezuelan state television: Venezuela and General Electric Venezuela have signed a cooperation agreement.
2026-06-16

SEC filing shows NVIDIA (NVDA.O) has applied to issue up to $25 billion of notes across seven tranches.

SEC filing shows NVIDIA (NVDA.O) has applied to issue up to $25 billion of notes across seven tranches.
2026-06-16

SEC filings show that Nvidia (NVDA.O) has applied for a seven-part note offering of up to $25 billion.

SEC filings show that Nvidia (NVDA.O) has applied for a seven-part note offering of up to $25 billion.
2026-06-16

US spot petrochemical prices softened last week as the Iran risk premium unwound, reducing export demand; Gulf Coast operational issues limited further downside. Ethylene fell 4.1% and polymer‑grade propylene dropped 9.8%; both remain above pre‑war l

US spot petrochemical prices softened last week as the Iran risk premium unwound, reducing export demand; Gulf Coast operational issues limited further downside. Ethylene fell 4.1% and polymer‑grade propylene dropped 9.8%; both remain above pre‑war levels after Middle East shipment disruptions via the Strait of Hormuz tightened global supply and supported earlier US export flows. The price of para‑phenylene di‑n‑butyl ether, more than 70% used in synthetic rubber tires, held at 63.5 cents/lb, making it one of the most price‑resilient petrochemical products this year.
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