Iranian outlet Fars News reports Iran detained a UAE-owned oil tanker in the Strait of Hormuz.

Raymond James raised Reddit (RDDT.N) PT to $205 from $200.

On Aug 17 Shanghai Electric Group delivered and bunkered 8,000 tonnes of China-produced green methanol at Shanghai Yangshan Port to a CMA CGM freighter, marking the green methanol sector’s move into batch deliveries. The fuel was produced at Shanghai Electric’s Taonan integrated wind-power–biomass green methanol demonstration project in Jilin, using corn-stalk biomass and wind‑generated green hydrogen. The product does not rely on fossil or coal feedstocks and reduces full life-cycle carbon emissions by over 65% versus conventional methanol.