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I gruppi affermano che il giudice della Corte Suprema, proprietario di azioni di società petrolifere, potrebbe violare i codici etici partecipando a determinati casi.Secondo diversi gruppi di vigilanza governativa, il giudice della Corte Suprema Samuel Alito, che possiede azioni di compagnie petrolifere, potrebbe violare i codici etici della corte partecipando a determinati casi che potrebbero avvantaggiare le grandi compagnie petrolifere.In una lettera inviata giovedì, una coalizione di organizzazioni di vigilanza ha chiesto al comitato giudiziario del Senato di indagare su Alito, l'unico giudice della Corte Suprema a detenere partecipazioni in società energetiche. Continua a leggere...

• Il conflitto in corso in Medio Oriente ha fatto aumentare i prezzi del petrolio, che secondo l'analisi di Deloitte dovrebbero rallentare la crescita economica degli Stati Uniti rispetto a uno scenario di riferimento senza conflitti. • Nonostante le pressioni derivanti dagli elevati costi energetici, è improbabile che le imprese statunitensi riducano materialmente i piani di investimento, grazie alla crescita resiliente dei settori dell'AI e della tecnologia. • I prezzi più alti del petrolio influiranno sui consumatori statunitensi attraverso l'aumento dei costi, sebbene la più ampia resilienza economica derivante dagli investimenti in AI possa mitigare alcuni impatti.

• I mercati azionari statunitensi sono calati martedì, con l'S&P 500 in ribasso dello 0,9% rispetto ai massimi storici, a causa dell'indebolimento dei titoli tecnologici e della continua crescita dei prezzi del petrolio in mezzo all'incertezza sul conflitto con l'Iran. • Il greggio di riferimento statunitense è balzato di 3,43 dollari a 101,50 dollari al barile, mentre il Brent è salito di 3,62 dollari a 107,83 dollari al barile, dopo che il Presidente Trump ha dichiarato che il cessate il fuoco tra USA e Iran è in "terapia intensiva" avendo rifiutato l'ultima proposta di pace dell'Iran. • Il greggio Brent è aumentato del 50% rispetto ai livelli pre-guerra di circa 70 dollari, contribuendo alle pressioni inflazionistiche globali e mettendo in difficoltà le famiglie statunitensi a causa dei prezzi più alti della benzina e delle merci legati ai nuovi dazi.

• Il fallimento di una proposta di pace durante il fine settimana ha spinto al rialzo i prezzi del petrolio e i rendimenti dei Treasury a 10 anni lunedì mattina, mentre i futures sugli indici azionari hanno aperto in lieve ribasso. • La scorsa settimana i mercati avevano ignorato i rischi geopolitici, con il petrolio in calo a causa dei commenti sul cessate il fuoco in Iran, ma le rinnovate tensioni hanno invertito tale tendenza in un contesto di volatilità energetica globale. • I prezzi del gas sono aumentati a livello nazionale, complicando le prospettive sull'inflazione con l'indice CPI headline sopra il 3,5% nonostante l'allentamento del PCE core, oscurando le possibilità di un taglio dei tassi da parte della Fed.

• Calbee passerà dalle sue confezioni dai colori vivaci al bianco e nero poiché la guerra ha interrotto la fornitura di alcune materie prime utilizzate negli inchiostri. • Il più grande produttore di snack del Giappone è stato costretto a utilizzare confezioni in bianco e nero per alcuni dei suoi prodotti di punta a causa della carenza di ingredienti per l'inchiostro causata dal blocco dello Stretto di Hormuz. • Calbee ha dichiarato martedì che 14 dei suoi prodotti passeranno a un branding monocromatico entro la fine di maggio. Continua a leggere...

• La Casa Bianca sta espandendo aggressivamente la presenza dell'industria petrolifera statunitense in Venezuela, dando priorità ai guadagni energetici. • Questa corsa al petrolio contrasta nettamente con gli impegni di Trump verso la democrazia, poiché le elezioni rimangono marginalizzate nella strategia. • La politica è rilevante per la sicurezza energetica degli Stati Uniti, ma rischia di minare la credibilità sui diritti umani e sulla governance equa all'estero.

• Si prevede che i titoli indiani rimarranno altamente sensibili agli sviluppi geopolitici questa settimana, con i mercati che monitorano l'attuale situazione USA-Iran e i prezzi fluttuanti del petrolio greggio, che potrebbero innescare forti movimenti nei titoli a grande capitalizzazione. • Gli investitori stranieri hanno ritirato 14.231 crore di rupie dalle azioni indiane finora a maggio, in un contesto di incertezze macroeconomiche globali, segnalando una ridotta fiducia nel mercato a causa di venti contrari esterni. • Tra i principali dati macroeconomici della settimana figurano l'inflazione CPI di aprile dell'India e i dati sull'inflazione degli USA (CPI e PPI), che secondo gli analisti potrebbero influenzare materialmente le aspettative di taglio dei tassi della Federal Reserve e il sentiment globale sul rischio.

• China imported about 1.1 million barrels per day of Russian crude in January, with Moscow's share of total oil imports declining to 21%. • This reduction aligns with broader trends where China has quietly slashed overall oil imports by roughly a quarter from pre-war levels to around 8.2 million barrels per day, according to Vortexa data. • The cuts have rebalanced the global oil market by freeing up supply, keeping benchmarks near US$100 per barrel despite over 60 days of Persian Gulf conflict.

Home reportedly occupied by mother of Paul Flores, who was convicted of killing college student who went missing in 1996Soil testing at a property linked to the man convicted in the murder of California college student Kristin Smart, who disappeared in 1996, turned up evidence of human remains, a state sheriff announced on Friday.“We can’t call it Kristin, but there’s evidence to support human remains – there at one time,” the San Luis Obispo county sheriff, Ian Parkinson, said at a news conference. Continue reading...

Norway’s energy minister says country has a ‘responsibility’ to address shortfalls caused by wars in Ukraine and Middle EastIn case of any doubt about Norway’s commitment to maintain – and expand – its production of gas and oil offshore, the energy minister, Terje Aasland, has a pithy response: “We will develop, not dismantle, activity on our continental shelf.”This week, to the alarm of environmental campaigners, he announced that three gasfields off the country’s southern coast would reopen by the end of 2028 – nearly three decades after they closed – to meet a shortfall caused by the impact of the war in Ukraine and disruption to supplies from the Middle East. Continue reading...

• JPMorgan analysis shows markets repricing oil-driven inflation risks, with global equities adjusting to potential rate hike scenarios amid recent oil price surges. • Central banks are providing clearer signals on monetary policy, suggesting rate hikes may not materialize as aggressively as feared despite elevated energy costs. • The divergence highlights inflation fears running ahead of underlying economic reality, potentially creating buying opportunities if data moderates.

• Asian stock markets fell broadly on Friday as renewed clashes between the US and Iran strained ceasefire efforts, with missile and drone attacks prompting US retaliatory strikes on Iranian military facilities. • Tokyo's Nikkei 225 dropped 1.1% to 62,174, retreating from a record high of 62,833 reached Thursday, while SoftBank Group lost over 5% and Hong Kong's Hang Seng fell 1.3% to 26,289. • Oil prices climbed amid Middle East uncertainty, with Brent crude rising 1.1% to $101.13 per barrel—roughly 44% higher than pre-war levels in late February.

• The S&P 500 fell 0.4% or 28.01 points to 7,337.11 on Thursday, retreating from its all-time high, while the Dow dropped 313.62 points or 0.6% to 49,596.97 and Nasdaq slipped 0.1% or 32.75 points to 25,806.20. • Oil prices yo-yoed due to Wall Street's waiting on hopes for a deal to end the Iran war, with earlier sharp swings from dashed expectations of reopening the Strait of Hormuz; Iran created a government agency to vet and tax vessels passing through, potentially raising fuel costs. • Standouts included Axon Enterprise rallying 10.6% after raising its revenue forecast due to counter-drone product growth, and Albemarle rising 3% on better-than-expected results, while Shake Shack tumbled 28.3% and Whirlpool fell 11.9% on weak earnings.

• Asian stock markets retreated from recent record peaks as escalating Middle East tensions revived concerns over crude oil supply disruptions and energy price stability. • The geopolitical escalation triggered steep losses in oil markets, reversing earlier gains and creating volatility across regional equity indices. • Rising energy supply concerns underscore the fragility of the recent market rally despite strong AI sector performance, with investors reassessing risk exposure to conflict-affected regions.

State can meet fuel demand for next six weeks with its current supply, its energy commission vice-chair said. Plus, alleged Jeffrey Epstein suicide note unsealed by federal judgeGood morning.Gas prices have risen above $6 in California – but there is yet more uncertainty on the horizon after the last oil tanker from the Middle East arrived in the state this week.What do we know about progress on a deal? Axios reported on Wednesday that Washington and Tehran were close to agreeing on a memorandum of understanding to end the war. Officials in Pakistan told the Guardian that an initial framework could possibly be agreed within 48 hours – but that nothing was certain and talks remained “difficult”.Head to our liveblog for the latest. Continue reading...

Four empty oil tanks were reportedly damaged, although it’s unclear whether the drones belong to Ukraine or RussiaLatvia is investigating two drones which entered its airspace from Russian territory overnight and crashed in eastern part of the country near an empty oil storage facility.Four empty oil tanks were reported damaged, with minor smouldering reported in one of the tanks. The local public broadcaster captured a drone flying in the area on their camera. Continue reading...

• Brent crude futures rose 88 cents or 0.9% to $102.15 a barrel, while WTI advanced $1.12 or 1.2% to $96.20, trimming prior 7% losses after US President Donald Trump called direct talks with Iran premature. • A senior Iranian lawmaker dismissed the US peace proposal as a 'wish list' rather than practical, amid demands to halt Tehran's nuclear program and reopen the Strait of Hormuz. • Markets assess if Middle East peace efforts will succeed, with strategist Hiroyuki Kikukawa noting discussions may continue until the US-China summit but uncertainty persists afterward.

With gas more than $6 in state, delivery of some 2m barrels is last planned shipment to pass through strait of HormuzMiddle East crisis – live updatesThe average price of a gallon of gas in California already stands at more than $6, but more uncertainty looms as the last oil tanker headed from the Middle East arrived in the Golden state this week.The Los Angeles Times reported on Sunday that the New Corolla, which left the Middle East for California before the war broke out, is delivering some 2m barrels of crude oil from Iraq to Long Beach. It was the last planned shipment to pass through the strait of Hormuz. Continue reading...

• Indian equity indices surged sharply on May 6, 2026, with Sensex gaining 940.73 points (1.22%) to close at 77,958.52 and Nifty rising 298.15 points (1.24%) to 24,330.95, driven by optimism over potential US-Iran peace negotiations and declining crude oil prices. • Banking stocks led the rally following the Union Cabinet's approval of an emergency credit guarantee programme worth Rs 15,800 crore to support businesses facing liquidity stress, with Hero MotoCorp climbing 2.6% and Mahindra & Mahindra advancing 3.1% on strong quarterly earnings. • Broader market indices also gained traction, with Nifty smallcap100 and midcap100 rising 0.9% and 1.1% respectively, though FMCG stocks declined amid easing geopolitical tensions in West Asia that had previously pushed Brent crude to $115 per barrel.

US president briefly pauses ‘Project Freedom’ operation escorting ships through strait of HormuzBusiness live – latest updatesOil prices have eased and stock markets rallied as Donald Trump touted “great progress” towards a “final agreement” with Iran, while momentum in AI-driven trading accelerated.The US president said he would briefly pause his “Project Freedom” operation escorting ships through the strait of Hormuz, which carries about a fifth of the global oil supplies and has been blockaded by Iran since late February, triggering an energy crisis. Continue reading...

US president pauses ‘Project Freedom’ to work on ‘final agreement’ with Tehran; stocks also ride high on AI euphoriaGood morning, and welcome to our rolling coverage of business, the financial markets and the world economy.Asian stock markets hit record highs, following in Wall Street’s footsteps, and oil prices retreated after Donald Trump hailed “great progress” towards a “final agreement” with Tehran.on the request of Pakistan and other Countries, the tremendous Military Success that we have had during the Campaign against the Country of Iran and, additionally, the fact that Great Progress has been made toward a Complete and Final Agreement with Representatives of Iran”.Investors bought and continue to add to positioning in the 2026 winners. There has been some buying in S&P 500 materials stocks, but it’s tech that continues to attract the bulk of flows, notably in Apple and the memory plays.9am BST: Eurozone services and composite PMIs for April9.30am BST: UK services and composite PMIs for April1.15pm BST: US ADP employment change for April Continue reading...

Ilie Bolojan’s PNL loses confidence vote after less than a year amid austerity drive and far-right surgeRomania’s pro-European government has collapsed after losing a confidence vote, unleashing renewed political turmoil less than a year after the ruling coalition was sworn in and with the far right surging in the polls.“This censure motion is false, cynical and artificial,” the liberal prime minister, Ilie Bolojan, told parliamentarians before the vote on Tuesday. “Any country in a multitude of crises would try to consolidate governments, not to change them.” Continue reading...

• UBS, a Switzerland-based global financial firm, has lowered its GDP growth forecast for India in FY27 to 6.2 percent, representing a downward revision of 50 basis points due to intensifying oil crisis triggered by global tensions. • The Swiss brokerage attributes the slowdown to prolonged energy crisis stemming from Middle East conflict, severe supply chain disruptions, and rising inflation pressures across the Indian economy. • This downgrade reflects concerns about India's economic resilience amid external shocks, though the 6.2% growth rate still positions India among faster-growing major economies globally.

• Oil prices jumped above $100 per barrel and broke through $115 as Iran controls the Strait of Hormuz, with Brent crude rising 6% amid U.S. efforts to free up shipping lanes. • The S&P 500 fell with all 11 sectors declining except energy (+0.9%); Dow Jones dropped approximately 1%, while Asia ex-Japan surged 2.8% led by KOSPI's 5% gain to new highs. • U.S. Treasury yields climbed across the curve by 7-10 basis points, with the 30-year Treasury clearing 5.0% as inflation pressures mount and the USD index moved higher above 98.

• National average gasoline prices surged to historic highs on May 3, 2026, amid the ongoing Iran war and disruptions in key oil routes like the Strait of Hormuz. • The spike in fuel and grocery prices is hammering American pocketbooks, contributing to President Trump's declining poll numbers. • Treasury Secretary Scott Bessent stated the U.S. economic blockade is suffocating Iran's regime, costing it $435 million in daily economic activity.

• Young investors in Singapore are increasingly allocating funds to domestic stocks as a safe haven during volatile global markets. • The trend reflects a search for stability amid uncertainties in international equities and broader economic pressures. • Local market resilience draws this demographic, potentially boosting Singapore's exchange volumes and liquidity.

• ExxonMobil and Chevron both surpassed profit expectations in their latest quarterly reports. • Shares of the energy majors remained muted despite the beats, pressured by Iran's submission of a new agreement proposal to the US for resuming Persian Gulf oil exports. • The developments contributed to a broader pullback in oil prices, supporting gains in US equities.

• India's BSE Sensex ended 0.8% down at 76,913.5 on Thursday, reversing prior gains due to elevated oil prices and global cues. • Financial stocks led losses with Axis Bank dropping 3.4% on marginal Q4 profit decline, while gainers included Cohance up 20% and Reliance rising 2.9%. • The decline highlights sector vulnerabilities, impacting investor sentiment in a volatile market environment.