Baker Hughes (BKR.O) said rising interest rates have not slowed energy project investment, and construction tied to artificial intelligence is boosting LNG demand.

ISNA reported President PEZESHKIAN said Iran and Oman have agreed on a clear routing framework for the Strait of Hormuz and will finalise it tomorrow. He said Arab foreign ministers will meet in Oman on Monday to agree the routes and notify the international organisation responsible for maritime affairs; the framework keeps routes open under international law, provided the US stops aggressive and unjust attacks.

CSSC Defence told investors at its Sept 14 2026 interim briefing that it secured 55 newbuild orders across eight vessel types in 1H 2026, predominantly container ships. The company said the improving order mix provides a basis for higher gross margins; as the current backlog is built and delivered, the share of container-ship revenue will rise and support future profits. Backlog deliveries are scheduled through 2030, with related earnings to be realized over subsequent years.