Global Markets

Oil Falls as US and Iran End Middle East Conflict

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The announcement that the United States and Iran have reached an agreement to reopen the Strait of Hormuz triggered a strong reaction across global markets. Oil prices experienced a significant decline due to anticipations that energy transportation via a critical global shipping route will stabilise. Concurrently, equity futures on Wall Street saw an uptick, and … Read more

YPF service station

Argentina Wins Pause in YPF $16B Legal Battle

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The United States Court of Appeals for the Second Circuit has approved a motion submitted by Argentina, seeking to delay the discovery process related to the 2012 expropriation of the state-owned energy company YPF until the resolution of the country’s appeal in the matter. The ongoing dispute arises from the protracted legal conflict that Argentina … Read more