EUR/USD
1.16141
-0.097%
Gold
4434.77
-0.854%
Oil
89.430
-0.234%
USD/JPY
156.234
0.280%
GBP/USD
1.35183
-0.046%
GBP/JPY
211.206
0.242%
Real-time News
On September 6th, U.S. Energy Secretary Frank Wright stated on Sunday that U.S. Navy escort ships are assisting oil tankers through the Strait of Hormuz, which is crucial for maintaining crude oil transport in the waterway, and hinted that the escort operation will not end anytime soon. Wright stated, "We are ensuring a large number of ships pass through, but this certainly requires the involvement of the U.S. military. Iran is still causing trouble, but the U.S. Navy is winning this battle." Wright claimed that more than 9 million barrels of oil are currently being transported daily through the Strait of Hormuz, and with more crude oil and refined products being transported via pipelines and other means, oil transport in the region has recovered to "two-thirds or more of pre-conflict levels." Last week, Wright stated that approximately 17 million barrels of oil passed through the Strait of Hormuz on Monday. Wright believes that with the end of the summer driving season and adjustments to the governments federal blending policy to increase supply, the price of unleaded gasoline may decline.SpaceX (SPCX.O): Confirmed that 27 Starlink satellites have been deployed in orbit.According to the Lebanese National News Agency, an Israeli drone strike in southern Lebanon has injured several people.Israeli Prime Minister Benjamin Netanyahu: If Iran attacks us, we will suffer unimaginable damage. We are determined to complete the task of overthrowing the Iranian regime.The U.S. National Hurricane Center reports that Karina is expected to weaken into a post-tropical storm tonight.
