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Iranian officials said on the 13th that a container ship was hit by an unknown projectile near the Strait of Hormuz, killing one person and injuring four.

Time for weekly QnA, post your queries if any I will reply after 10Pm on Sunday. 1 stock per person.

https://t.me/BigBreakingWireDisccusion

Saudi Oil Pipeline Outage Could Remove Up to 4% of Global Oil Supply

Refinitiv sources warn Saudi Arabia’s main pipeline to the Red Sea could exhaust export inventories within days if flows are ... https://bigbreakingwire.in/bbw-live-news-blog-today/#pennion-live-blogging-update-10961

Iran Fires on Three Merchant Ships in Strait of Hormuz, Qatar LNG Carrier Set Alight

Iranian forces fired on three merchant vessels in the Strait of Hormuz, setting a Qatari LNG carrier alight a... https://bigbreakingwire.in/bbw-live-news-blog-today/#pennion-live-blogging-update-10962

BRICS Adopts Payment Architecture to Reduce Reliance on Dollar and SWIFT

The 18th BRICS Summit adopted a 45 page New Delhi Declaration backing a payment architecture designed to route cross bord... https://bigbreakingwire.in/bbw-live-news-blog-today/#pennion-live-blogging-update-10963

Oman Says Strait of Hormuz Will Reopen, But Warning It May Be Short Lived

Oman’s Energy Minister said the Strait of Hormuz will reopen, but the change may be temporary as regional tensions remai... https://bigbreakingwire.in/bbw-live-news-blog-today/#pennion-live-blogging-update-10964

The IRCG announced they shot down an MQ-1 over the Strait of Hormuz this morning.

Saudi Arabia Shuts 1,200 km East West Oil Pipeline After Drone Attacks

Saudi Arabia shut its 1,200 km East West oil pipeline after drone attacks from Iraq struck the conduit, which normally bypa... https://bigbreakingwire.in/bbw-live-news-blog-today/#pennion-live-blogging-update-10966

Five Emerging Asian Buyers Spend $7.4 Billion on Spot LNG Since War Began

India, Pakistan, Bangladesh, Thailand and Vietnam have spent $7.4 billion on spot LNG since the US Iran war began, more... https://bigbreakingwire.in/bbw-live-news-blog-today/#pennion-live-blogging-update-10967

Citigroup Sees 5.3% as Key Ceiling for US Treasury Yields

US Treasury yields rose sharply as higher oil prices revived inflation concerns amid strong US growth, heavy debt issuance and widening ... https://bigbreakingwire.in/bbw-live-news-blog-today/#pennion-live-blogging-update-10968