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The vessel loaded cargo last weekend at Adnoc’s Das Island export facility and is currently positioned off the northern coast of the UAE, with its next signaled destination set as Fujairah, located outside the Persian Gulf. It is not yet guaranteed that this tanker will continue through the Strait of Hormuz, as it may make an intermediate stop or turn back. (Bloomberg)

Nohshad Shah, the company's EMEA Head of Fixed Income Sales, stated in a client report that the recent decline in oil prices has done little to weaken the Federal Reserve's reasoning for raising interest rates, as underlying inflationary pressures remain high. He also pointed out that the AI-driven rally in the stock market is becoming increasingly fragile, with signs including falling computing power prices, decreasing spending on AI services, and the market's growing scrutiny over whether returns are sufficient given the high levels of investment. Read more

BlockBeats news, on June 30, according to official information, trade.xyz has launched contract trading for US stock Applied Materials, with up to 10x leverage.